Encore Capital Group (ECPG) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.

Ashish Masih; President, Chief Executive Officer, Director; Encore Capital Group Inc Jonathan Clark; Chief Financial Officer, Executive Vice President, Treasurer; Encore Capital Group Inc Good day everyone,

SAN DIEGO (AP) — SAN DIEGO (AP) — Encore Capital Group Inc. (ECPG) on Wednesday reported a loss of $225.3 million in its fourth quarter. The San Diego-based company said it had a loss of $9.42 per share. Earnings, adjusted for non-recurring costs, came to $1.50 per share.

The decline in Encore Capital’s stock follows the release of their consolidated financial results for the fourth quarter and full year ended December 31, 2024. Despite the company highlighting a year of significant growth with a 26% increase in global portfolio purchases and a 16% rise in global collections compared to 2023,

Reports Q4 revenue $ $265.6M, consensus $373.4M.”2024 was a year of significant growth for Encore,” said Ashish Masih, Encore’s President and