Credit Acceptance's (CACC) revenues will likely continue to improve, supported by decent increases in dealer enrollments and active dealers. Yet, elevated costs might hurt profits.
Over the past year, the United States stock market has shown robust growth with a 21% increase, despite a recent dip of 1.2% over the last seven days. In this environment, companies with high insider ownership can be particularly compelling as they often signal strong confidence from those closest to the business.
Credit Acceptance Corporation (NASDAQ:CACC) Q1 2024 Earnings Call Transcript April 30, 2024 Credit Acceptance Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone. And welcome to the Credit Acceptance Corporation First Quarter 2024 Earnings Call. Today’s call […]