Encore Capital Q1 Earnings Top Estimates on Higher Portfolio Purchases

Encore Capital Group, Inc. (ECPG) shares have gained 24.3% since it reported first-quarter 2025 results on May 7. The strong quarterly results benefited from rising collections and strong portfolio purchasing. However, higher expenses partially offset the upsides.ECPG reported first-quarter 2025 adjusted earnings per share (EPS) of $1.93, which beat the Zacks Consensus Estimate by 55.7%. The bottom line reported an improvement from 95 cents per share in the prior year.ECPG's revenues rose 19.6% year over ye ...