CACC Earnings Prediction
The chart below shows how CACC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CACC sees a -0.80% change in stock price 10 days leading up to the earnings, and a -3.44% change 10 days following the report. On the earnings day itself, the stock moves by -0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
CACC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
565.90M
15.11%
2.83%
Gross Margin
--
--
--
Operating Margin
53.58%
33.72%
35.44%
Net Margin
26.84%
40.97%
87.43%
EPS
12.26
68.18%
93.07%
No Data Available
CACC Earnings Analysis
Credit Acceptance Corp Corporation (CACC.O) Earnings Conference Call
Positive
Record High Loan Portfolio: Loan portfolio reached a record high of $8.9 billion, reflecting a 15% increase from the previous year.
Subprime Vehicle Financing Growth: Market share in the subprime used vehicle financing segment increased to 6.1% year-to-date through November, up from 4.8% in the same period of 2023.
Contract Financing Overview: During Q4, 78,911 contracts were financed, contributing to a total collection of $1.3 billion overall.
Dealer Network Expansion: The company added 902 new dealers in the quarter, achieving the highest number of active dealers ever at 10,149.
Record Workplace Awards: Received 13 workplace awards in 2024, the most in company history, highlighting a commitment to employee satisfaction and corporate culture.
Negative
Collections Decline Analysis: Collections declined by $31,000,000 or 0.3% in forecasted net cash flows, indicating a slight decrease in overall financial performance.
Dealer Volume Decline: Volume per dealer decreased by 3.7% compared to Q4 of 2023, suggesting a challenging competitive environment and potential loss of market share.
2022 Vintage Underperformance: The 2022 vintage continues to underperform expectations, contributing to ongoing negative revisions in forecasted collections.
G&A Expense Decline Analysis: The company experienced a decline in G&A expenses primarily due to volatility in legal expenses, which may indicate underlying operational challenges.
Yield Increase Concerns: The adjusted yield increased despite a decline in collections, raising concerns about the sustainability of revenue growth amidst fluctuating performance.
CACC FAQs
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CACC Earning Call Sentiment
Earnings call transcript: Credit Acceptance Q4 2024 beats expectations
CACC.O
-1.22%Positive
The earnings call presents mixed signals. Positive indicators include record loan portfolio growth, market share increase, and dealer network expansion. However, there are concerns about slowing growth, underperforming collections, and competitive pressures. The lack of a shareholder return plan and legal expense volatility also weigh negatively. The Q&A section highlights uncertainties regarding growth slowdown and scorecard changes. Overall, these mixed factors suggest a neutral stock price movement in the short term.