Encore Capital Group Inc expected to post earnings of $1.78 a share - Earnings Preview

Encore Capital

01/11/2022 02:09

* Encore Capital Group Inc  ECPG.OQ   ECPG.O  is expected
to show
a fall in quarterly revenue when it reports  results on November
2. 
    * The San Diego California-based  company is expected to
report  a
20.0% decrease in revenue to $330.29 million from $412.62
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 $1.78 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 $69.5​, above​ its last closing price of $50.92.
​​​

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 2022  2.04        2.03       2.29      Beat    13.1
 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
 ​​Jun.        2.06        2.07       3.31      Beat    59.6
 30 2021                                                
 Mar. 31 2021  1.87        1.86       3.02      Beat    62.5​
 Dec. 31 2020  2.14        2.13       1.30      Missed  -39
 Sep. 30 2020  2.16        2.17       2.31      Beat    6.7
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated