May. 1 at 12:46 PM
$CACC earnings miss — but the stock rallied after hours. Why? 🤔
Q1 EPS of
$8.66 missed by a wide margin, but investors shrugged it off 🚀
📈 GAAP revenue beat at
$571.1M, up 12.4% YoY
💰 Net loan receivables grew, provisions fell 13%
⚠️ Expenses up 7.5% — but bulls focused on top-line momentum
See what’s driving this surprising reaction 👉
https://www.zacks.com/commentary/2459828/caccs-q1-earnings-miss-stock-gains-26-on-higher-finance-charges?cid=sm-stocktwits-2-2459828-body&ADID=SYND_STOCKTWITS_TWEET_2_2459828_BODY