Encore Capital Group Stock Earnings Reports
Encore Capital Group Earnings Calls
Release date | May 07, 2025 |
EPS estimate | $1.24 |
EPS actual | $1.93 |
EPS Surprise | 55.65% |
Revenue estimate | 374.487M |
Revenue actual | 392.775M |
Revenue Surprise | 4.88% |
Release date | Feb 26, 2025 |
EPS estimate | $1.55 |
EPS actual | $1.50 |
EPS Surprise | -3.23% |
Revenue estimate | 373.397M |
Revenue actual | 265.619M |
Revenue Surprise | -28.86% |
Release date | Nov 06, 2024 |
EPS estimate | $1.48 |
EPS actual | $1.26 |
EPS Surprise | -14.86% |
Revenue estimate | 373.397M |
Revenue actual | 367.071M |
Revenue Surprise | -1.69% |
Release date | Aug 07, 2024 |
EPS estimate | $1.24 |
EPS actual | $1.34 |
EPS Surprise | 8.06% |
Revenue estimate | 346.06M |
Revenue actual | 352.149M |
Revenue Surprise | 1.76% |
Last 4 Quarters for Encore Capital Group
Below you can see how ECPG performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | Aug 07, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $44.81 |
EPS estimate | $1.24 |
EPS actual | $1.34 |
EPS surprise | 8.06% |
Date | Price |
---|---|
Aug 01, 2024 | $48.31 |
Aug 02, 2024 | $47.24 |
Aug 05, 2024 | $46.13 |
Aug 06, 2024 | $45.77 |
Aug 07, 2024 | $44.81 |
Aug 08, 2024 | $49.93 |
Aug 09, 2024 | $48.73 |
Aug 12, 2024 | $47.37 |
Aug 13, 2024 | $47.58 |
4 days before | -7.24% |
4 days after | 6.18% |
On release day | 11.43% |
Change in period | -1.51% |
Release date | Nov 06, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $49.77 |
EPS estimate | $1.48 |
EPS actual | $1.26 |
EPS surprise | -14.86% |
Date | Price |
---|---|
Oct 31, 2024 | $45.68 |
Nov 01, 2024 | $45.79 |
Nov 04, 2024 | $45.34 |
Nov 05, 2024 | $47.48 |
Nov 06, 2024 | $49.77 |
Nov 07, 2024 | $49.80 |
Nov 08, 2024 | $49.97 |
Nov 11, 2024 | $50.01 |
Nov 12, 2024 | $48.80 |
4 days before | 8.95% |
4 days after | -1.95% |
On release day | 0.0603% |
Change in period | 6.83% |
Release date | Feb 26, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $49.86 |
EPS estimate | $1.55 |
EPS actual | $1.50 |
EPS surprise | -3.23% |
Date | Price |
---|---|
Feb 20, 2025 | $50.01 |
Feb 21, 2025 | $49.72 |
Feb 24, 2025 | $48.54 |
Feb 25, 2025 | $49.89 |
Feb 26, 2025 | $49.86 |
Feb 27, 2025 | $38.95 |
Feb 28, 2025 | $37.72 |
Mar 03, 2025 | $35.45 |
Mar 04, 2025 | $34.48 |
4 days before | -0.300% |
4 days after | -30.85% |
On release day | -21.88% |
Change in period | -31.05% |
Release date | May 07, 2025 |
Fiscal end date | Mar 31, 2025 |
Price on release | $32.92 |
EPS estimate | $1.24 |
EPS actual | $1.93 |
EPS surprise | 55.65% |
Date | Price |
---|---|
May 01, 2025 | $34.42 |
May 02, 2025 | $35.65 |
May 05, 2025 | $35.50 |
May 06, 2025 | $32.95 |
May 07, 2025 | $32.92 |
May 08, 2025 | $40.77 |
May 09, 2025 | $40.51 |
May 12, 2025 | $40.50 |
May 13, 2025 | $40.32 |
4 days before | -4.36% |
4 days after | 22.48% |
On release day | 23.85% |
Change in period | 17.14% |
Encore Capital Group Earnings Call Transcript Summary of Q1 2025
Summary of Key Points from Encore Capital Group's Q1 2025 Earnings Call for Investors:
- Strong Financial Performance:
- Earnings: Q1 earnings per share (EPS) reached $1.93, a 103% increase compared to Q1 2024.
- Collections and Purchases: Collections amounted to $605 million (up 18% YoY), while portfolio purchases were $368 million (up 24% YoY).
- Leverage and Operations:
- Leverage improved to 2.6x, down from 2.8x a year ago.
- Operating expenses rose only 8% to $263 million, showcasing operating leverage with a cash efficiency margin increase to 58.3%.
- Business Segment Highlights:
- U.S. Market:
- Midland Credit Management (MCM) reported record portfolio purchases of $316 million (up 34% YoY) and collections of $454 million (up 23% YoY).
- The U.S. market remains favorable due to elevated card charge-off rates and strong supply of portfolios.
- European Market:
- Cabot Credit Management had portfolio purchases of $51 million, with collections increasing to $150 million (up 7% YoY).
- U.S. Market:
- Market Dynamics:
- Continued favorable conditions in the U.S. market due to a robust supply of purchasing opportunities driven by high consumer credit card delinquencies.
- The company is maintaining a disciplined approach in Europe, with purchases expected to remain stable.
- Future Guidance:
- Encore projects global portfolio purchases for 2025 to exceed $1.35 billion, coupled with a growth forecast for total collections of 11% to $2.4 billion.
- Anticipated interest expense for the year is around $285 million.
- Share Buybacks:
- The company resumed share repurchases, purchasing $10 million of shares in Q1 and a total of $16 million year-to-date. The future pace of buybacks will depend on market conditions.
- Cash Overs and Future Recoveries:
- Despite reporting $21.5 million in changes in recoveries, indicating strong cash collection performance above expectations, there were negative revisions to future expected recoveries due to company forecasts and judgment calls.
- Conclusion:
- Overall strong start to 2025 with a positive outlook for the rest of the year. Management expressed confidence in hitting their financial targets and maintaining operational efficiency.
Key Takeaway for Investors:
Encore Capital Group demonstrates robust operational performance with strong financial metrics and favorable market conditions, particularly in the U.S. This positions the company well for potential growth, making it an interesting consideration for investors looking at the debt purchasing market. The emphasis on maintaining operational efficiency and the resumption of share buybacks also indicate a focus on enhancing shareholder value.