On Friday Credit Acceptance Corporation (NASDAQ:CACC) stock traded volume of 69003 shares during its last trading session as compared to its average volume of 80452 shares over the recent month. CACC ended its day with the above stream along the move of 1.19% and closed at the price of $443.04 before opening at $438.62. It has total market capitalization is $8327823040. 52 week range of the stock remained $ 356.12 – 509.99 while its day lowest price was $438.62 and its hit its day highest price at $447.61
On Nov. 1, 2019, Credit Acceptance Corporation (NASDAQ:CACC) declared consolidated net income of $165.4 million, or $8.73 per diluted share, for the three months ended September 30, 2019 compared to consolidated net income of $151.0 million, or $7.75 per diluted share, for the same period in 2018. For the nine months ended September 30, 2019, consolidated net income was $494.2 million, or $26.06 per diluted share, compared to consolidated net income of $422.1 million, or $21.68 per diluted share, for the same period in 2018.
Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2019 was $168.4 million, or $8.89 per diluted share, compared to $147.2 million, or $7.56 per diluted share, for the same period in 2018. For the nine months ended September 30, 2019, adjusted net income was $484.9 million, or $25.56 per diluted share, compared to adjusted net income of $401.5 million, or $20.62 per diluted share, for the same period in 2018.
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