Encore Capital Group Inc reports results for the quarter ended in December - Earnings Summary

Encore Capital

24/02/2022 06:32

* Encore Capital Group Inc  ECPG.OQ  reported quarterly
adjusted
earnings of $2.53​​ per share for the quarter ended in December.
The mean expectation of six analysts for the quarter was
for earnings of $2.15 per share.
    * Revenue fell 29.4% to $270.14 million from a year ago; 
analysts
expected $361.60 million. 
    * Encore Capital Group Inc's reported EPS for the quarter
was
$2.53​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Encore Capital Group Inc shares had risen by 13.5% this
quarter.
    * The company reported quarterly net income of $76.08
million.
    * Wall Street's median 12-month price target for Encore
Capital
Group Inc is $75.50 
    * 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." 

This summary was machine generated February 24 at 06:32 a.m.
 ​All figures in US dollars unless otherwise stated