Encore Capital Group Inc expected to post earnings of 94 cents a share - Earnings Preview

Encore Capital

07/05/2024 03:07

* Encore Capital Group Inc  ECPG.OQ   ECPG.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 8
for the period ending March 31 2024
    * The San Diego California-based  company is expected to
report a
5.8% increase in revenue to $330.826 million from $312.63
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Encore Capital Group Inc
is
for earnings of 94 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $60.50​, above​ its last closing price of $43.32.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.23        1.23       -0.58     Missed  -147.2
 Sep. 30 2023  1.31        1.32       0.79      Missed  -40.3
 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.        1.47        1.47       -3.11     Missed  -311.8
 31 2022                                                
 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
 This summary was machine generated May 7 at 02:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)