Welcome to our dedicated page for Encore Cap Group news (Ticker: ECPG), a resource for investors and traders seeking the latest updates and insights on Encore Cap Group stock.
Encore Capital Group Inc (ECPG) is a global leader in consumer debt recovery and receivables management, providing essential financial rehabilitation services through strategic portfolio acquisitions. This news hub offers investors and stakeholders timely updates on corporate developments, regulatory changes, and market positioning.
Access authoritative coverage of earnings reports, strategic partnerships, and operational milestones. Our curated collection features press releases about portfolio purchases, recovery process innovations, and compliance initiatives that shape ECPG's role in specialty finance.
Key updates include debt portfolio acquisitions, financial performance disclosures, leadership changes, and consumer engagement strategies. Track the company's progress in implementing ethical recovery practices across international markets through verified corporate communications.
Bookmark this page for streamlined access to ECPG's latest financial narratives. Regular updates ensure you maintain informed perspectives on the company's market position within the evolving consumer credit landscape.
Encore Capital Group (NASDAQ: ECPG) reported strong Q2 2025 financial results with significant growth across key metrics. The company achieved record global portfolio purchases of $367 million, up 32% year-over-year, including a record $317 million in U.S. purchases. Global collections reached an all-time high of $655 million, increasing 20% from the previous year, with U.S. collections hitting $490 million.
The company's earnings per share surged 86% to $2.49 compared to $1.34 in Q2 2024. Estimated Remaining Collections (ERC) grew 12% to a record $9.4 billion. Based on strong H1 2025 performance, Encore raised its full-year global collections guidance to approximately $2.5 billion, representing 15.5% year-over-year growth. The company also repurchased $15 million of common stock in Q2, totaling $25 million for H1 2025.
Encore Capital Group (Nasdaq: ECPG) has released its third Economic Freedom Study, surveying over 6,000 adults in the US and UK about their financial outlook and debt management practices. The study reveals that while most adults feel positive about their personal finances, they're less optimistic about their national economies, with 49% of US and 67% of UK adults expressing negative economic outlooks.
Key findings show that 83% of US adults know their credit score compared to 51% of UK adults. Currently, 29% of US and 19% of UK adults report having past-due debt. The study indicates increased willingness to work with debt collection companies compared to 2022, with consumers prioritizing debt-free status as their primary definition of economic freedom.
Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, has scheduled its second quarter 2025 financial results release for Wednesday, August 6, 2025, after market close.
The company will host a conference call and slide presentation at 2:00 p.m. Pacific / 5:00 p.m. Eastern time. Key executives presenting include CEO Ashish Masih, CFO Tomas Hernanz, and VP of Global Investor Relations Bruce Thomas. The presentation will be accessible via live webcast on Encore's investor relations website, with telephone access available through pre-registration.
Encore Capital Group (ECPG) has scheduled the release of its first quarter 2025 financial results for Wednesday, May 7, 2025, after market close. The international specialty finance company will host a conference call and slide presentation at 2:00 p.m. Pacific / 5:00 p.m. Eastern time on the same day.
The presentation will feature President and CEO Ashish Masih, EVP and CFO Tomas Hernanz, and VP of Global Investor Relations Bruce Thomas. The public can access the live webcast through Encore's website investor relations page, while telephone access requires pre-registration. A replay of the webcast will be available on the company's website after the call.
Encore Capital Group (Nasdaq:ECPG), an international specialty finance company, has announced its participation in the Raymond James 46th Annual Institutional Investors Conference on March 4, 2025.
The company's President and CEO, Ashish Masih, will deliver a presentation at 11:00am Eastern time. Management will also conduct investor meetings throughout the day.
Investors can access the live webcast and presentation materials through the Investor Events & Presentations section on the company's website at encorecapital.com/investor-events-presentations.
Encore Capital Group (NASDAQ: ECPG) reported its Q4 and full-year 2024 results, marking significant growth despite challenges. The company achieved record global portfolio purchases of $1.35 billion, up 26% year-over-year, while global collections increased 16% to $2.16 billion.
In the U.S., MCM business saw portfolio purchases rise 23% to $1 billion, with collections up 20%. The Cabot business in UK and Europe increased portfolio purchases by 36%, including Q4 purchases of $200 million. However, restructuring actions, including exit from Spanish and Italian markets, led to a $101 million goodwill charge in Q4.
The company reported a net loss of $139 million, or ($5.83) per share, primarily due to non-cash charges related to Cabot's goodwill impairment. For 2025, Encore expects global portfolio purchases to exceed $1.35 billion and collections to increase by 11% to $2.4 billion. The company plans to resume share repurchases in 2025.
Encore Capital Group (NASDAQ:ECPG) has announced it will release its fourth quarter 2024 financial results on Wednesday, February 26, 2025, after market close. The company will host a conference call and slide presentation at 2:00 p.m. Pacific / 5:00 p.m. Eastern time on the same day.
The presentation will feature President and CEO Ashish Masih, Executive VP and CFO Jonathan Clark, and VP of Global Investor Relations Bruce Thomas. The public can access the live webcast through Encore's Investor Relations webpage. A replay will be available on the company's website after the call concludes.
Encore Capital Group (NASDAQ: ECPG) reported strong Q3 2024 financial results, with global portfolio purchases increasing 23% to $282 million and collections rising 18% to $550 million. The company's performance was primarily driven by its MCM business in the U.S., where portfolio purchases grew 28% to $230 million. GAAP earnings per share reached $1.26, up 59% from the previous year. The company raised its 2024 guidance, expecting global portfolio purchases to exceed $1,250 million and year-over-year collections growth of approximately 15% to over $2,125 million. However, the company recorded a pre-tax loss of $8 million from exiting the secured NPL market in Spain.
Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, has announced that it will release its financial results for the third quarter 2024 on Wednesday, November 6, 2024, after the market closes. The company will host a conference call and slide presentation on the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time.
Presenting and discussing the results will be Ashish Masih, President and CEO, Jonathan Clark, Executive VP and CFO, and Bruce Thomas, VP of Global Investor Relations. The public can access the live webcast via the Investor Relations page of Encore's website. For telephone access, pre-registration is required. A replay of the webcast will be available on the company's website shortly after the call concludes.
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