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Credit Acceptance's (CACC) revenues will likely continue to improve, supported by the decent rise in dealer enrollments and active dealers. Yet, elevated costs might hurt profits.
Since I recommended taking profits on Credit Acceptance Corporation, the stock has incurred a 24% correction. Credit Acceptance Corporation is currently facing some business headwinds, primarily due to the surge of inflation to a 40-year high.
As investors prepare for the holiday season, GuruFocus' value screeners identified several stocks that meet screening criteria based on key principles taught by Benjamin Graham, Peter Lynch and Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial) co-managers Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio). Four stocks that meet such criteria are Sunshine Biopharma Inc. ( SBFM , Financial), Regional Management Corp. ( RM , Financial), West Fraser Timber Co. Ltd.
Cascade Copper Corp. has filed to raise $740,000 in a Canadian IPO. The firm is developing potential copper, gold, and silver mineral deposits in Canada.
Credit Acceptance Corporation (NASDAQ:CACC ) Q3 2022 Earnings Conference Call November 1, 2022 5:00 PM ET Company Participants Doug Busk - Chief Treasury Officer Conference Call Participants Moshe Orenbuch - Credit Suisse John Rowan - Janney Montgomery Scott Rob Wildhack - Autonomous Research Jason Hahn - Principal Global Investors Operator Good day, everyone, and welcome to Credit Acceptance Corporation Third Quarter 2022 Earnings Call. Today's call is being recorded.
Credit Acceptance (CACC) delivered earnings and revenue surprises of -42.92% and 1.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Southfield, Michigan , Oct. 25, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our third quarter 2022 earnings on Tuesday, November 1, 2022, after the market closes. A webcast is scheduled for Tuesday, November 1, 2022, at 5:00 p.m. Eastern Time to discuss third quarter earnings.
Noah Hamman of AdvisorShares joins 'Closing Bell: Overtime' to discuss three stocks: Texas Instruments, Paramount Global and Credit Acceptance.
CACC Manages loans made to $40,000+ cost new-car buyers from franchised auto dealers. Here are prior investment market outcomes of same-as-today's stock price-range forecasts being made by institutional investors.
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock?