Encore CapitalNASDAQ: ECPG

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Encore Capital Group, Inc. (Nasdaq:ECPG) will report its first quarter 2024 financial results on May 8, 2024, after the market closes. A conference call and slide presentation will be held at 2:00 p.m. Pacific / 5:00 p.m. Eastern time on the same day, featuring Ashish Masih, President and CEO, Jonathan Clark, EVP and CFO, and Bruce Thomas, VP of Global Investor Relations.

SAN DIEGO, March 01, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, will be meeting with investors at the Raymond James 45th Annual Institutional Investors Conference on Monday, March 4, 2024. In addition, Mr. Masih will be making a presentation at the conference at 7:30am Eastern time on the same day. A link to the live webcast and a copy of the presentation will be available in the Investor Events & Presentations section of the company's website at encorecapital.com/investor-events-presentations.

Encore Capital Group's stock slumped 10% following its earnings release, despite its moderate financial condition, operational quality, and competitive advantage among its peers. Fundamentals, driven by strong loan supply, have surpassed pre-Covid levels and continue to improve towards levels not seen since the great financial crisis. The company's profitability allows it to capitalise on the favourable fundamental environment, while its competitors are challenged by high costs of capital.

Encore Capital (ECPG) expects collections to grow by approximately 8% to $2 billion in 2024.

Encore Capital Group, Inc. (ECPG) Q4 2023 Earnings Call Transcript

Encore Capital Group (ECPG) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to loss of $3.11 per share a year ago.

Encore Capital's (ECPG) fourth-quarter 2023 results are likely to reflect higher expenses and global collections.

SAN DIEGO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter 2023 on Wednesday, November 1, 2023, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.