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

Encore Capital

02/11/2022 22:05

* Encore Capital Group Inc  ECPG.OQ  reported quarterly
adjusted
earnings of $1.22​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of $1.78 per share.
    * Revenue fell 25.4% to $307.75 million from a year ago;
analysts
expected $330.29 million. 
    * Encore Capital Group Inc's reported EPS for the quarter
was
$1.22​.
    * The mean earnings estimate of analysts had fallen by
about 14.1%
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 12.1% this
quarter and lost 17.9% so far this year.
    * The company reported quarterly net income of $31.49
million.
    * Wall Street's median 12-month price target for Encore
Capital
Group Inc is $69.50 
    * 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 from Refinitiv data November
2 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.78           1.22           Missed
 Jun. 30 2022      2.03           2.29           Beat
 Mar. 31 2022      2.03           6.40           Beat
 Dec. 31 2021      2.15           2.53           Beat