Benzinga | Oct 29, 2020 04:20PM EDT

Credit Acceptance Q3 EPS $9.36 Beats $5.69 Estimate, Sales $344.70M Miss $415.56M Estimate

Credit Acceptance (NASDAQ:CACC) reported quarterly earnings of $9.36 per share which beat the analyst consensus estimate of $5.69 by 64.5 percent. This is a 5.29 percent increase over earnings of $8.89 per share from the same period last year. The company reported quarterly sales of $344.70 million which missed the analyst consensus estimate of $415.56 million by 17.05 percent. This is a 8.98 percent decrease over sales of $378.70 million the same period last year.