Credit Acceptance: 2Q Earnings Snapshot

SOUTHFIELD, Mich. (AP) _ Credit Acceptance Corp. (CACC) on Thursday reported second-quarter earnings of $96.4 million.

The Southfield, Michigan-based company said it had profit of $5.40 per share.

The auto financing company posted revenue of $406.3 million in the period.

Credit Acceptance shares have climbed slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $484, a drop of roughly 1% in the last 12 months.


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