Encore Capital Group (ECPG) Tops Q1 EPS by 4c

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Encore Capital Group Announces First Quarter 2015 Financial Results; Record Collections Drive Strong Performance

May 7, 2015 4:01 PM EDT

GAAP EPS increases 32% to $1.08 Non-GAAP Economic EPS increases 14% to record $1.23 Collections increase 7% to record $425 million Adjusted EBITDA increases 7% to record $266 million Adjusted EBITDA for trailing twelve months increases 18% to $1.0 billion

SAN DIEGO, May 7, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, today reported consolidated financial results for the first quarter ended March 31, 2015.

"Encore delivered strong financial performance in the first quarter as our... More