whymystockmoved
Oct 31, 4:10 AM
$CACC fell about 19% on Friday after its Q3 report.
What the company reported:
1. Forecast net cash flows from its loans cut by
$291.2M (2.5%), mostly on 2022–2026 loans to borrowers in its lowest credit bands.
2. GAAP net loss of
$56.6M (−
$5.43 a share); adjusted EPS
$13.01, up from
$10.28.
3. Loan dollar volume +51%, a record 12,093 active dealers,
$161.6M of buybacks in the quarter.
The CFO said the effect on adjusted earnings will come over the life of those loans.
Full breakdown: https://whymystockmoved.com/stocks/cacc/2026-10-30-why-credit-acceptance-stock-fell/
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