Encore Capital Group (ECPG) Tops Q2 EPS by 8c
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Encore Capital Group Announces Second Quarter 2016 Financial Results
August 4, 2016 4:08 PM EDTGAAP EPS from continuing operations increases 18% to $1.14Non-GAAP Economic EPS from continuing operations increases 7% to $1.29
SAN DIEGO, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the second quarter ended June 30, 2016.
In the U.S., market participants have continued to exhibit discipline when bidding on portfolios, effectively reducing prices and helping returns remain elevated when compared to a year ago, said Kenneth A.... More
