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Credit Acceptance Sinks 19.3% Post Q3 Earnings: What's Hurting CACC?

Source: zacks.com

Corporate EarningsCredit & Bond MarketsCompany FundamentalsCorporate Guidance & Outlook

CACC shares plunged 19.3% after Q3 results, as soaring credit loss provisions and weaker loan collection forecasts overshadowed earnings and volume growth.

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