Encore Capital Group

Encore Capital Group, Inc. engages in the provision of debt management and recovery solutions for consumers and property owners across a broad range of financial assets. It operates through the following geographical segments: United States, International, Europe, and Other. The company was founded in April 1999 and is headquartered in San Diego, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Encore Capital Group reports resilient 2022 earnings amidst market challenges

Encore Capital Group's 2022 performance showcased resilience amid challenges, with a focus on strategic growth and financial stability.
While facing headwinds in Europe, the company's strong balance sheet and U.S. market opportunities position it for sustained success.
Management's commitment to financial priorities and disciplined growth underscores a proactive approach to navigating evolving market conditions.

Encore Capital Group sees strong Q1 collections, eyes cash growth

Encore Capital Group's Q1 performance reflects a return to pre-pandemic levels in collections, with a focus on maintaining a strong balance sheet and seizing market opportunities.
Despite challenges like lower Cabot collections and interest rate impacts, the company remains committed to aiding consumers in debt resolution and achieving financial freedom.
Opportunities lie in anticipated growth in cash generation, leveraging market supply acceleration, and a disciplined approach to portfolio purchasing and collections operations.
Management's emphasis on adapting to changing consumer behavior and market dynamics positions Encore well for future profitability and a continued role in the credit ecosystem.

Encore Capital Group reports robust Q2 performance and strategic focus

Encore Capital Group's Q2 2023 Earnings Call highlighted strong performance in the U.S. market, steady collections in Europe, and a focus on maintaining financial strength and seizing growth opportunities. The company faces challenges in managing legal expenses and enhancing market competitiveness but has opportunities to leverage portfolio supply for future growth.

Encore Capital Group reports strong U.S. performance amidst U.K. challenges

Encore Capital Group's Q3 performance showcased strong U.S. purchasing, global collections meeting expectations, and enhanced liquidity through financing activities. Despite challenges in the U.K. and Europe, the company's focus on balance sheet strength and competitive advantages positions it well for future growth. Strategic staff additions and a disciplined approach to portfolio purchasing highlight opportunities for capitalizing on the current credit cycle.

Encore Capital Group reports strong 2023 performance and eyes U.S. growth

Encore Capital Group's 2023 performance showcased strength in the U.S. market, with a focus on high returns and effective collections operations.
Despite challenges in the U.K. and Europe, the company remains committed to long-term shareholder value through prioritized portfolio purchases.
Opportunities lie in the U.S. market for growth and differentiation, with a cautious approach to deployment and a focus on post-pandemic consumer behavior.
Encore's emphasis on balance sheet strength, funding flexibility, and differentiation sets the stage for a potentially transformative 2024.

Encore Capital Group excels in Q1, eyes U.S. growth amid challenges

Encore Capital Group's Q1 performance reflects operational strength and financial resilience, driven by strategic U.S. market focus and global collections growth.
Challenges in Europe and legal expense management require attention, while opportunities in digital engagement and U.S. market deployment offer avenues for growth.
Overall, the company's commitment to shareholder value, operational excellence, and financial prudence sets the stage for a promising 2024 outlook.

Encore Capital Group reports stellar Q3 earnings and raises guidance

Encore Capital Group's Q3 2024 earnings call highlighted robust financial performance, strengthened balance sheet, and strategic capital allocation priorities. Despite challenges in the U.K. market, the company remains well-positioned for growth with increased global portfolio purchases and raised future guidance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Encore Capital Group, Inc. is an international specialty finance company, which engages in the provision of debt recovery solutions. It operates through the following geographical segments: United States, Europe, and Other Geographies. The company was founded in 1999 and is headquartered in San Diego, CA.

SAN DIEGO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2022.

Encore Capital Group Announces Fourth Quarter and Full-Year 2022 Financial Results

SAN DIEGO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter 2022 on Wednesday, February 22, 2023, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.

Encore Capital Group to Announce Fourth Quarter 2022 Financial Results on February 22

Encore Capital Group is among the potential winners in the financial services sector. Elevated inflation and a hawkish U.S. Federal Reserve are good for Encore Capital Group's business.

Encore Capital Group: A Darling In The Financial Services Industry

Encore Capital Group, Inc. (NASDAQ:ECPG ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Bruce Thomas - VP, IR Ashish Masih - President and CEO Jonathan Clark - EVP and Chief Financial Officer Craig Buick - CEO, Cabot Credit Management Group Ryan Bell - President, Midland Credit Management Conference Call Participants David Scharf - JMP Securities Mark Hughes - Truist Mike Grondahl - Northland Capital Markets Robert Dodd - Raymond James Operator Good day and thank you for standing by. Welcome to the Encore Capital Group Conference Call.

Encore Capital Group, Inc. (ECPG) Q3 2022 - Earnings Call Transcript

Encore Capital Group (ECPG) delivered earnings and revenue surprises of -31.07% and 6.92%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Encore Capital Group (ECPG) Misses Q3 Earnings and Revenue Estimates

SAN DIEGO, Nov. 02, 2022 (GLOBE NEWSWIRE) --  Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the third quarter ended September 30, 2022.

Encore Capital Group Announces Third Quarter 2022 Financial Results

SAN DIEGO, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter 2022 on Wednesday, November 2, 2022, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.

Encore Capital Group to Announce Third Quarter 2022 Financial Results on November 2

SAN DIEGO, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, is proud to announce that seven of its locations have been officially certified as a Great Place to Work®. The accreditation process is based on direct feedback from employees, provided as part of an extensive and anonymous survey about the workplace experience.

Seven Encore Locations Certified as Great Place to Work

SAN DIEGO, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced today that William C. Goings has been appointed to Encore's Board of Directors effective September 1, 2022. Mr. Goings will serve on Encore's Compensation Committee and Nominating and Corporate Governance Committee.

William C. Goings Appointed to Encore Capital Group Board of Directors

U.S. Commerce Secretary Co-Chairs Group Committed to Strengthening Economic Ties U.S. Commerce Secretary Co-Chairs Group Committed to Strengthening Economic Ties

Encore CEO Ashish Masih Reappointed to U.S.-India CEO Forum

Encore Capital Group, Inc. (NASDAQ:ECPG ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Bruce Thomas - VP, IR Ashish Masih - President and CEO Jonathan Clark - EVP and Chief Financial Officer Craig Buick - CEO, Cabot Credit Management Group Ryan Bell - President, Midland Credit Management Conference Call Participants Mark Hughes - Truist Company Mike Grondahl - Northland Capital Markets Robert Dodd - Raymond James Spencer James - William Blair & Company Mark Hughes - Truist Company Operator Good day and thank you for standing by. Welcome to the Encore Capital Group's Second Quarter 2022 Earnings Conference Call.

Encore Capital Group, Inc. (ECPG) CEO Ashish Masih on Q2 2022 Results - Earnings Call Transcript

Encore Capital Group (ECPG) delivered earnings and revenue surprises of 12.81% and 4.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Encore Capital Group (ECPG) Q2 Earnings and Revenues Top Estimates

SAN DIEGO, Aug. 03, 2022 (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, 2022.

Encore Capital Group Announces Second Quarter 2022 Financial Results

Here is how Encore Capital Group (ECPG) and Enact Holdings, Inc. (ACT) have performed compared to their sector so far this year.

Is Encore Capital Group (ECPG) Outperforming Other Finance Stocks This Year?

Encore Capital Group (ECPG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Encore Capital Group Inc (ECPG) Soars to 52-Week High, Time to Cash Out?

Encore Capital is closing in on a new buy point as it gets ready to report Q2 earnings Aug.3, the same day as peer Intermex. The post Breakout Watch: No.

Breakout Watch: No. 1 Industry Leader Eyes Buy Point With Earnings Due

Encore Capital is near a buy zone with earnings due on or around Aug. 3. The post Stocks To Watch Ahead Of Earnings: Encore Capital appeared first on Investor's Business Daily.

Stocks To Watch Ahead Of Earnings: Encore Capital

SAN DIEGO, July 20, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter 2022 on Wednesday, August 3, 2022, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.

Encore Capital Group to Announce Second Quarter 2022 Financial Results on August 3

Encore Capital Group (ECPG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Encore Capital Group (ECPG) Is a Great Choice for Value Investors

Here is how Encore Capital Group (ECPG) and EPR Properties (EPR) have performed compared to their sector so far this year.

Has Encore Capital Group (ECPG) Outpaced Other Finance Stocks This Year?

SAN DIEGO, July 12, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been named a CEO of the Year by the San Diego Business Journal in its large public company category. Masih was selected on the strength of Encore's business performance and its caring, collaborative and inclusive culture.

Encore President & CEO Ashish Masih Named CEO of the Year by San Diego Business Journal

It seems wise to add Encore Capital (ECPG) stock to your portfolio now, given the company's robust fundamentals and good growth prospects.

3 Reasons to Add Encore Capital (ECPG) Stock to Your Portfolio

Credit Acceptance

Falling consumer sentiments, recessionary woes and worsening asset quality hurt the Zacks Consumer Loans industry players' financials. Efforts to digitize operations along with easing lending standards will aid companies like Credit Acceptance (CACC) & Encore Capital (ECPG).

2 Consumer Loan Stocks Overcoming Tough Industry Backdrop

SAN DIEGO, June 23, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Andrew Asch will be promoted to the role of Senior Vice President, General Counsel effective August 15, 2022. Asch has been with the company since 2010 and currently serves as Senior Vice President, General Counsel of Encore's subsidiary Midland Credit Management (MCM). He will report to Encore's President and CEO, Ashish Masih, and serve on Encore's Executive Leadership Team.

Andrew Asch Appointed General Counsel at Encore Capital Group

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Encore Capital Group Stock (ECPG)