Encore Capital Group Inc expected to post earnings of $2.02 a share - Earnings Preview

Encore Capital

02/11/2021 02:02

* Encore Capital Group Inc  ECPG.OQ   ECPG.O  is expected
to show a fall in quarterly revenue when it reports  results on
November 3. 
* The San Diego, California-based company is expected to report 
a 7.9% decrease in revenue to $371.663 million from $403.68
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 $2.02 per share. For the same quarter
last year, the company reported earnings of $2.31 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 $59.5​, about 10.1% above​ its last closing price
of $53.50. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   2.06        2.07       3.31      Beat    59.6
 Mar. 312021   1.87        1.86       3.02      Beat    62.5
 Dec. 312020   2.14        2.13       1.30      Missed  -39​
 Sep. 302020   2.16        2.17       2.31      Beat    6.7
 ​​Jun.        2.29        2.30       4.34      Beat    88.7
 302020                                                 
 Mar. 312020   0.84        0.94       -0.19     Missed  -120.2
                                                        ​
 Dec. 312019   1.45        1.45       1.56      Beat    7.3
 Sep. 302019   1.38        1.39       1.64      Beat    18.1
 This summary was machine generated November 2 at 02:01 GMT.  All
figures in US dollars unless otherwise stated