Encore Capital Group (ECPG) Tops Q2 EPS by 6c

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Encore Capital Group Announces Second Quarter 2017 Financial Results

August 3, 2017 4:06 PM EDT

Improved global collections and favorable U.S. market conditions drive higher returnsEstimated Remaining Collections of $6.3 billion establishes new all-time high

SAN DIEGO, Aug. 03, 2017 (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, 2017.

The second quarter for Encore was a period of solid financial and operational performance. The domestic debt market continues to grow in supply and provides for a favorable purchasing... More