Encore Capital Group Announces Second Quarter 2024 Financial Results
Encore Capital Group Inc (ECPG)
Last encore capital group inc earnings: 2/26 04:05 pm
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US:NASDAQ Investor Relations:
investors.encorecapital.com
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Source: GlobeNewswire
Highly favorable purchasing conditions continue in U.S. marketGlobal portfolio purchases of $279 million including record $237 million in the U.S.Global collections of $547 million up 15% compared to Q2 2023GAAP EPS of $1.34 SAN DIEGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the second quarter ended June 30, 2024. “Encore’s second quarter results are a continuation of our strong performance trajectory,” said Ashish Masih, President and Chief Executive Officer. “Our year-to-date growth in portfolio purchasing, collections and cash generation reinforces our belief that 2024 will be a turning point in Encore’s operational and financial results.” “In the U.S., the market for charged-off receivable portfolios continues to grow to record levels, driven by growth in credit card lending and rising charge off rates. Amid these favorable purchasing conditions,
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News
- Thriving In A Flat Organization: Strategies For Agility And Innovation [Forbes]Forbes
- Encore Capital Group, Inc. (NASDAQ: ECPG) had its price target lowered by analysts at Truist Financial Co. from $70.00 to $64.00. They now have a "buy" rating on the stock.MarketBeat
- Encore Capital Group CFO Jonathan Clark to retire Aug. 07, 2024 5:59 PM ET By: Tiyashi Datta , SA News Editor [Seeking Alpha]Seeking Alpha
- Encore Capital Group (ECPG) Surpasses Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Encore Capital Group Announces CFO Transition: Tomas Hernanz to Assume Role in 2025 Upon Jonathan Clark’s RetirementGlobeNewswire
ECPG
Earnings
- 8/7/24 - Beat
ECPG
Sec Filings
- 9/3/24 - Form 4
- 8/7/24 - Form 10-Q
- 8/7/24 - Form 8-K
- ECPG's page on the SEC website