Credit Acceptance Corporation (NASDAQ:CACC) will hold its 3Q20 earnings conference call with the financial community on 29th October 2020 at 5:00 PM Eastern Time.
The conference call will be webcast live on Internet at www.creditacceptance.com
Earnings Expectation
Credit Acceptance Corporation financial products and services provider, is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020. Analysts polled by Thomson Reuters anticipate third quarter income of $ 5.69 per share from revenue of $ 415.56 million. Looking ahead, the full year income are expected at $ 12.11 per share on the revenues of $ 1629.46 million.
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company.
