Encore Capital Group Inc expected to post earnings of $2.07 a share - Earnings Preview

Encore Capital

03/08/2021 24:17

* Encore Capital Group Inc  ECPG.OQ   ECPG.O  is expected
to show a fall in quarterly revenue when it reports results on
August 4. 
* The San Diego, California-based company is expected to report 
 a 12.2% decrease in revenue to $373.923 million from $426.03
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 $2.07 per share. For the same quarter
last year, the company reported earnings of $4.34 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 $54.5​, about 13.7% above​ its last closing price
of $47.02. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  2.29        2.30       4.34      Beat    88.7
 Mar.          0.84​       0.94       -0.19     Missed  -120.2
 31​ 2020​                                              ​
 Dec. 31 2019  1.45        1.45       1.56      Beat    7.3​
 Sep. 30 2019  1.38        1.39       1.64      Beat    18.1
 Jun. 30 2019  1.30        1.30       1.28      Missed  -1.2
 This summary was machine generated August 2 at 23:17 GMT.  All
figures in US dollars unless otherwise stated