Encore Capital Group (ECPG) Tops Q4 EPS by 11c

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Go back to Encore Capital Group (ECPG) Tops Q4 EPS by 11c

Encore Capital Group Announces Fourth Quarter and Full-Year 2017 Financial Results

February 21, 2018 4:05 PM EST

Estimated Remaining Collections increased to a record $7.0 billionCollections in 2017 reached an all-time high of $1.8 billion for the yearFourth quarter deployments of $170 million in the U.S., $301 million worldwide

SAN DIEGO, Feb. 21, 2018 (GLOBE NEWSWIRE) --  Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2017.

In the fourth quarter, Encore continued to benefit from the growing supply of charged-off credit card receivables in the U.S. market, with solid... More