Credit Acceptance: 2Q Earnings Snapshot
Posted July 30, 2020 2:14 pm.
Last Updated July 30, 2020 2:18 pm.
SOUTHFIELD, Mich. (AP) _ Credit Acceptance Corp. (CACC) on Thursday reported second-quarter earnings of $96.4 million.
The Southfield, Michigan-based company said it had profit of $5.40 per share.
The auto financing company posted revenue of $406.3 million in the period.
Credit Acceptance shares have climbed slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $484, a drop of roughly 1% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CACC at https://www.zacks.com/ap/CACC
The Associated Press
