Encore Capital Group Inc expected to post earnings of $1.35 a share - Earnings Preview

Encore Capital

30/10/2023 22:03

* Encore Capital Group Inc  ECPG.OQ   ECPG.O  is expected
to show
a rise in quarterly revenue when it reports  results 
    * The San Diego California-based  company is expected to
report  a
8.3% increase in revenue to $333.244 million from $307.75
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 $1.35 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $62​, above​ its last closing price of $38.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.25        1.26       1.08      Missed  -13.9
 Mar. 31 2023  1.23        1.21       0.75      Missed  -38.2
 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.        2.04        2.03       2.29      Beat    13.1
 30 2022                                                
 Mar. 31 2022  1.98        2.03       6.40      Beat    215.8​
 Dec. 31 2021  2.18        2.15       2.53      Beat    17.9
 Sep. 30 2021  2.06        2.02       2.66      Beat    32
 This summary was machine generated October 30 at 22:03 GMT.  All
figures in US dollars  unless otherwise stated