Encore Capital Group(US:ECPG) Globenewswireยท2025-08-06 20:05Core Insights - Encore Capital Group reported strong financial performance in Q2 2025, with significant increases in portfolio purchases and collections, leading to a substantial rise in earnings per share [2][6][7] Financial Performance - Portfolio purchases reached $367 million, a 32% increase compared to Q2 2024 [6][7] - Record collections amounted to $655 million, up 20% year-over-year [2][6][7] - Earnings per share for Q2 2025 were $2.49, reflecting an 86% increase from $1.34 in Q2 2024 [2][6][7] Business Segments - The U.S. MCM business achieved record portfolio purchases of $317 million, a 34% increase from the previous year, and collections of $490 million, up 24% [2][6] - The Cabot business in Europe reported portfolio purchases of $50 million and collections of $164 million, a 10% increase year-over-year [2][6] Guidance and Outlook - The company raised its full-year collections guidance to approximately $2.5 billion, indicating a year-over-year growth of 15.5%, up from a previous expectation of 11% growth [2][6] - Global portfolio purchasing is expected to exceed $1.35 billion, surpassing the previous year's purchases [2][6] Share Repurchase - In Q2 2025, Encore repurchased $15 million of its common stock, totaling $25 million for the first half of the year [3]