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Encore Capital Group Q2 2023 Earnings Report

Encore Capital Group logo
$46.83 -0.58 (-1.22%)
(As of 12/20/2024 05:16 PM ET)

Encore Capital Group EPS Results

Actual EPS
$1.08
Consensus EPS
$1.25
Beat/Miss
Missed by -$0.17
One Year Ago EPS
$2.29

Encore Capital Group Revenue Results

Actual Revenue
$323.04 million
Expected Revenue
$327.95 million
Beat/Miss
Missed by -$4.91 million
YoY Revenue Growth
-9.50%

Encore Capital Group Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

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Encore Capital Group Earnings Headlines

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You might think you have your money in a high-yield savings account, but do you really? The national average APY on savings is just 0.58%, but you can get up to 5.0% APY online with these accounts.
FMR LLC Reduces Stake in Encore Capital Group Inc
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About Encore Capital Group

Encore Capital Group (NASDAQ:ECPG), a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services. In addition, the company engages in debt servicing and other portfolio management services to credit originator for non-performing loans. Further, it offers credit management services. Encore Capital Group, Inc. was incorporated in 1999 and is headquartered in San Diego, California.

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