NASDAQ$CACC
Credit Acceptance · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Credit Acceptance's Q4 2020 earnings were announced, revealing an increase in net income and adjusted net income per diluted share compared to the same period in 2019.
Credit Acceptance Corporation reported consolidated net income of $166.3 million, or $9.43 per diluted share, for the three months ended December 31, 2020, compared to $161.9 million, or $8.60 per diluted share, for the same period in 2019. Adjusted net income, a non-GAAP financial measure, for the three months ended December 31, 2020 was $189.5 million, or $10.75 per diluted share, compared to $173.5 million, or $9.22 per diluted share, for the same period in 2019. Consumer Loan unit volume decreased by 18.1% during the fourth quarter of 2020.
- Net income increased to $166.3 million, or $9.43 per diluted share, compared to $161.9 million, or $8.60 per diluted share, for the same period in 2019.
- Adjusted net income increased to $189.5 million, or $10.75 per diluted share, compared to $173.5 million, or $9.22 per diluted share, for the same period in 2019.
- Consumer Loan unit volume declined 18.1% and dollar volume declined 10.8% during the fourth quarter of 2020.
- Active dealers decreased by 8.6% while average unit volume per active dealer declined 9.5%.
Headline financials
Revenue & EPS history
Credit Acceptance · Revenue · Quarterly
$447M
Revenue by segment
Credit Acceptance · $447M total across 3 segments · Q4 2020
- Finance charges$418M+17.4%93.4%
- Premiums earned$15.1M+18.0%3.4%
- Other income$14.4M-15.3%3.2%
Forward guidance
The company did not provide forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.3%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.6%
Avg return
30 days after
40%
26 / 65 earnings
Positive
+21.3%
Q1 2022
Best reaction
-15.8%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | -0.7% | +3.5% | |
| Q4 2025 | +10.6% | +12.4% | +4.9% | |
| Q3 2025 | +0.9% | -0.2% | +2.1% | |
| Q1 2025 | -4.0% | +2.0% | -2.1% | |
| Q4 2024 | -1.2% | +1.0% | -4.2% | |
| Q3 2024 | -6.1% | -6.4% | +10.0% | |
| Q2 2024 | -15.8% | -18.4% | -19.7% | |
| Q1 2024 | -6.9% | -4.3% | -7.9% | |
| Q4 2023 | +4.9% | +1.9% | -0.4% | |
| Q3 2023 | -0.5% | +9.6% | +11.4% | |
| Q2 2023 | -13.1% | -10.5% | -9.9% | |
| Q1 2023 | -12.1% | -8.0% | -9.0% | |
| Q4 2022 | +17.2% | +17.6% | +0.0% | |
| Q3 2022 | -6.1% | -4.9% | +1.9% | |
| Q2 2022 | -8.2% | -5.5% | -7.6% | |
| Q1 2022 | +21.3% | +17.0% | +13.9% | |
| Q4 2021 | -0.9% | -1.9% | +4.5% | |
| Q3 2021 | +12.1% | +14.7% | +4.5% | |
| Q2 2021 | +2.6% | +14.5% | +22.5% | |
| Q1 2021 | +0.4% | +6.3% | +13.8% | |
| Q4 2020 | -14.1% | -10.1% | -2.8% | |
| Q3 2020 | -4.9% | -3.7% | -4.4% | |
| Q2 2020 | -2.4% | -0.9% | -4.2% | |
| Q1 2020 | +4.1% | +11.5% | +16.5% | |
| Q4 2019 | -7.1% | -6.3% | -12.6% | |
| Q3 2019 | -6.0% | -3.2% | -1.7% | |
| Q2 2019 | -2.1% | -4.5% | -5.9% | |
| Q1 2019 | -1.0% | -0.7% | -6.9% | |
| Q4 2018 | -2.6% | +4.4% | +9.3% | |
| Q3 2018 | +8.4% | +6.8% | +3.9% | |
| Q2 2018 | +13.7% | +18.7% | +20.0% | |
| Q1 2018 | -2.1% | -0.6% | +8.1% | |
| Q4 2017 | -11.5% | -14.4% | -14.6% | |
| Q3 2017 | -4.1% | -6.1% | +1.7% | |
| Q2 2017 | +9.1% | +9.1% | +8.9% | |
| Q1 2017 | +7.9% | +6.1% | +5.8% | |
| Q4 2016 | -5.5% | -1.7% | -1.4% | |
| Q3 2016 | -11.4% | -9.2% | +3.8% | |
| Q2 2016 | +5.0% | +6.1% | +8.0% | |
| Q1 2016 | -5.8% | — | — | |
| Q4 2015 | -3.4% | — | — | |
| Q3 2015 | -13.1% | — | — | |
| Q2 2015 | +9.8% | — | — | |
| Q1 2015 | +9.9% | — | — | |
| Q4 2014 | +13.4% | — | — | |
| Q3 2014 | +6.3% | — | — | |
| Q2 2014 | -3.6% | — | — | |
| Q1 2014 | -6.9% | — | — | |
| Q4 2013 | +8.1% | — | — | |
| Q3 2013 | -0.7% | — | — | |
| Q2 2013 | +0.4% | — | — | |
| Q1 2013 | -2.2% | — | — | |
| Q4 2009 | -7.5% | — | — | |
| Q4 2012 | +3.5% | — | — | |
| Q3 2012 | -0.1% | — | — | |
| Q2 2012 | +4.2% | — | — | |
| Q1 2011 | -7.3% | — | — | |
| Q1 2012 | -0.5% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q3 2011 | +5.6% | — | — | |
| Q3 2010 | +5.6% | — | — | |
| Q2 2011 | -0.7% | — | — | |
| Q4 2010 | -0.7% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q1 2010 | -0.1% | — | — |
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