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

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

Encore Capital Group Announces First Quarter 2016 Financial Results

May 10, 2016 4:07 PM EDT

GAAP EPS from continuing operations increases 11% to $1.12Non-GAAP Economic EPS from continuing operations increases 13% to $1.31

SAN DIEGO, May 10, 2016 (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, 2016.

Encore had a solid purchasing quarter, deploying $257 million globally, including $142 million in the United States. Returns in our U.S. core business are higher than last year, and year-to-date... More