Encore Capital Group (ECPG) Tops Q3 EPS by 15c

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Go back to Encore Capital Group (ECPG) Tops Q3 EPS by 15c

Encore Capital Group Announces Third Quarter 2020 Financial Results

November 2, 2020 4:05 PM EST

GAAP net income up 41% to $55 million, or $1.72 per shareNon-GAAP adjusted net income up 42% to $74 million, or $2.31 per shareGlobal collections grew 8% to a record $540 millionEstimated Remaining Collections (ERC) grew 15% to a record $8.5 billion

SAN DIEGO, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the third quarter ended September 30, 2020.

The third quarter was an outstanding period for Encore as we achieved record global collections and... More