* Q1 adj EPS $1.12 vs est $1.16
* Expenses jump 21 pct
April 29 Auto lender Credit Acceptance Corp
(CACC.O) posted a quarterly profit that trailed Wall Street
estimates on higher expenses.
For the first quarter, net income rose to $32.0 million, or
$1.01 a share, compared with $29.0 million, or 93 cents a
share, a year ago.
Excluding items, the company earned $1.12 a share.
Analysts on average had expected earnings of $1.16 a share,
according to Thomson Reuters I/B/E/S.
Expenses rose 21 percent to $50.8 million.
Shares of the company closed at $46.75 Thursday on Nasdaq.
(Reporting by Jochelle Mendonca in Bangalore; Editing by Anne