Encore Capital Group (ECPG) Lags Q4 Earnings and Revenue Estimates

Core Viewpoint - Encore Capital Group reported quarterly earnings of $1.50 per share, which missed the Zacks Consensus Estimate of $1.55 per share, but showed an increase from $1.25 per share a year ago [1][2] Financial Performance - The company experienced an earnings surprise of -3.23% for the quarter, and previously, it had a surprise of -14.29% when it reported earnings of $1.26 per share against an expectation of $1.47 per share [2] - Revenues for the quarter were $265.62 million, missing the Zacks Consensus Estimate by 28.92%, and down from $277.39 million year-over-year [3] Market Performance - Encore Capital Group shares have increased by approximately 4.4% since the beginning of the year, outperforming the S&P 500, which gained 1.3% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.49 on revenues of $386.31 million, and for the current fiscal year, it is $7.42 on revenues of $1.61 billion [8] - The estimate revisions trend for Encore Capital Group is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [7] Industry Context - The Financial - Consumer Loans industry, to which Encore Capital Group belongs, is currently in the top 11% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]