secwatch.observer — SEC 8-K summary
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Issuer:     CREDIT ACCEPTANCE CORP (CACC)
CIK:        0000885550
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0000885550-25-000084
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credit Acceptance Q2 GAAP EPS $7.42; adjusted EPS $8.56; loan volume down 14.6% YoY
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- GAAP net income $87.4M ($7.42 diluted EPS) vs loss of $47.1M (-$3.83) in Q2 2024.
- Adjusted net income $100.8M ($8.56 diluted EPS) vs $126.4M ($10.29) YoY, down ~20%.
- Forecasted collection rates declined, reducing net cash flows by $55.8M (0.5%) in Q2 2025.
- Consumer Loan assignment unit volume decreased 14.6%, dollar volume down 18.8% YoY.
- Repurchased ~530,000 shares (4.5% of shares outstanding); legal contingent loss $23.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885550/000088555025000084/0000885550-25-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885550/000088555025000084/cacc-20250731.htm
  HTML page:      https://secwatch.observer/filing/0000885550-25-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer