Encore Capital Group Inc expected to post earnings of $1.21 a share - Earnings Preview

Encore Capital

02/05/2023 03:06

* Encore Capital Group Inc  ECPG.OQ   ECPG.O  is expected
to show
a fall in quarterly revenue when it reports  results on May 3. 
    * The San Diego California-based  company is expected to
report  a
35.3% decrease in revenue to $323.283 million from $499.68
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Encore Capital
Group Inc
is for earnings of $1.21 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Encore
Capital
Group Inc is $63.5​, above​ its last closing price of $51.05.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.47        1.47       -3.11     Missed  -311.8
 Sep. 30 2022  1.78        1.78       1.22      Missed  -31.3
 Jun. 30 2022  2.04        2.03       2.29      Beat    13.1​
 Mar. 31 2022  1.98        2.03       6.40      Beat    215.8
 ​​Dec.        2.18        2.15       2.53      Beat    17.9
 31 2021                                                
 Sep. 30 2021  2.06        2.02       2.66      Beat    32​
 Jun. 30 2021  2.06        2.07       3.31      Beat    59.6
 Mar. 31 2021  1.87        1.86       3.02      Beat    62.5
 This summary was machine generated May 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated