STOCK TITAN

Credit Acceptance Announces Timing of Fourth Quarter and Full Year 2021 Earnings Release and Webcast

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Credit Acceptance Corporation (Nasdaq: CACC) announced the upcoming release of its fourth quarter and full year 2021 results on January 31, 2022, after market closure. A webcast to discuss these results is scheduled for the same day at 5:00 p.m. ET, accessible via the company’s Investor Relations website or by calling 877-303-2904. Credit Acceptance, established in 1972, provides financing solutions to enable auto dealers to sell vehicles to consumers with varied credit histories, ultimately helping improve consumer credit scores by reporting to national agencies.

Positive
  • Scheduled release of fourth quarter and full year 2021 results, providing investors insight into financial performance.
  • Webcast planned to discuss results, offering transparency to shareholders.
Negative
  • No specific financial metrics discussed in the PR, leaving investors uncertain about performance.

Southfield, Michigan, Jan. 24, 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 fourth quarter and full year 2021 results on Monday, January 31, 2022, after the market closes. 

A webcast is scheduled for Monday, January 31, 2022, at 5:00 p.m. Eastern Time to discuss fourth quarter and full year 2021 results.  The webcast can be accessed live by visiting the “Investor Relations” section of our website at ir.creditacceptance.com or by dialing 877-303-2904.  Additionally, a replay and transcript of the webcast will be archived in the “Investor Relations” section of our website. 

Description of Credit Acceptance Corporation

Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.  Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones.  Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing.  Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC.  For more information, visit creditacceptance.com.


FAQ

When will Credit Acceptance Corporation announce its fourth quarter and full year 2021 results?

Credit Acceptance Corporation will announce its results on January 31, 2022, after market closes.

What time is the webcast for Credit Acceptance's financial results?

The webcast is scheduled for January 31, 2022, at 5:00 p.m. Eastern Time.

How can I access the webcast for Credit Acceptance Corporation's results?

The webcast can be accessed via the Investor Relations section of the Credit Acceptance website or by calling 877-303-2904.

What is the ticker symbol for Credit Acceptance Corporation?

The ticker symbol for Credit Acceptance Corporation is CACC.

Credit Acceptance Corp

NASDAQ:CACC

CACC Rankings

CACC Latest News

CACC Stock Data

5.40B
12.11M
30.93%
66.18%
4.27%
Credit Services
Personal Credit Institutions
Link
United States of America
SOUTHFIELD