Credit Acceptance Corporation reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 459 million compared to USD 463.2 million a year ago. Net income was USD 127.3 million compared to USD 217.6 million a year ago. Basic earnings per share from continuing operations was USD 9.59 compared to USD 14.77 a year ago. Diluted earnings per share from continuing operations was USD 9.58 compared to USD 14.6 a year ago.
For the full year, revenue was USD 1,832.4 million compared to USD 1,856 million a year ago. Net income was USD 535.8 million compared to USD 958.3 million a year ago. Basic earnings per share from continuing operations was USD 39.5 compared to USD 59.57 a year ago. Diluted earnings per share from continuing operations was USD 39.32 compared to USD 59.52 a year ago.