SAN DIEGO, July 17, 2024 (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 2024 on Wednesday, August 7, 2024, 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 Fin ...

After several months of gangbuster growth in the employment arena, the Federal Reserve finally got some "good" bad news – and that sets the stage for certain stocks to buy. In April, the economy added 175,000 jobs, much lower than the 240,000 expected by analysts. Further, the latest print represented a substantial drop from March's result of 315,000 jobs added. As well, the unemployment rate ticked up to 3.9%. Expectations called for the rate to hold steady at 3.8%. On one hand, this dynamic means that the ...

Encore Capital Group’s (ECPG) shares gained 11.2% since it reported first-quarter 2024 results on May 8, 2024. The strong first-quarter earnings benefited from improving portfolio supply in the United States and rising collections. Continued growth in lending, coupled with higher delinquencies and charge-offs, supported the company’s record supply of non-performing loans in the quarter. However, slow growth in the U.K. and European markets partially offset the results.ECPG reported first-quarter 2024 adjust ...

Company Participants Bruce Thomas - Vice President, Global Investor Relations Ashish Masih - President & CEO Jonathan Clark - EVP & CFO John Rowan - Janney Montgomery Scott Mark Hughes - Truist Securities Mike Grondahl - Northland Securities Robert Dodd - Raymond James Operator I would now like to hand the conference over to your first speaker today, Bruce Thomas, VP of Investor Relations. Bruce, please go ahead. Bruce Thomas Joining me on the call today are Ashish Masih, our President and Chief Executive O ...

Encore Capital Group (ECPG) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.06%. A quarter ago, it was expected that this provider of debt-management and recovery services would post earnings of $1.22 per share when it actually produced earnings of $1.25, delivering a surprise of 2. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________. COMMISSION FILE NUMBER: 000-2648 ...

Exhibit 99.1 Encore Capital Group Announces First Quarter 2024 Financial Results • Highly favorable purchasing conditions continue in U.S. market • Portfolio purchases of $296 million including record $237 million in the U.S. • Global collections of $511 million up 10% compared to Q1 2023 • GAAP EPS of $0.95 SAN DIEGO, May 8, 2024 -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the first quarter ended March 31, 2024. ...

Encore Capital Group, Inc. (ECPG) is set to report its first-quarter 2024 results on May 8, after the closing bell. It is expected to have witnessed increased top line and collections in the March quarter.Earnings Surprise HistoryEncore Capital’s earnings beat the consensus estimate in one of the prior four quarters and missed thrice, with the average surprise being negative 17.9%. This is depicted in the graph below:In the last reported quarter, the international specialty finance company reported adjusted ...

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced that it has established a partnership with Junior Achievement USA, the nation's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for the future, and make smart academic and economic choices. This partnership expands on Encore's current relationship with the San Diego Chapter of Junior Ac ...

SAN DIEGO, April 17, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter 2024 on Wednesday, May 8, 2024, 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 Financ ...