Encore Capital Shares Plunge 21.9% Since Q4 Earnings Miss

Encore Capital Group, Inc. (ECPG) shares have plummeted 21.9% since it reported fourth-quarter 2024 results on Feb. 26, 2025. Investors might be concerned about falling debt-purchasing revenues in the quarter. However, rising collections and strong portfolio purchasing partially offset the negatives.See the Zacks Earnings Calendar to stay ahead of market-making news.ECPG reported fourth-quarter 2024 adjusted earnings per share (EPS) of $1.50, which missed the Zacks Consensus Estimate by 3.2%. The bottom lin ...