Encore Capital Group (ECPG) Tops Q2 EPS by 26c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/9/2026
- Nasdaq ends sharply higher; chip surge offsets Iran worries
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Applied Materials surges as CEO signals multi-year chip boom
- Oil prices settle 2% lower as economic worries outweigh supply risks
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- Morgan Stanley Reiterates Overweight Rating on Rocket Lab USA (RKLB), Bull Case Raised to $293
- GameStop stockholders approve share count increase to 2.5 billion
- Crude Inventory Rose 3 Million Barrels Last Week - EIA
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
Encore Capital Group Announces Second Quarter 2022 Financial Results
August 3, 2022 4:05 PM EDTGAAP net income of $60 million GAAP EPS of $2.29 Global collections of $498 millionPortfolio purchases of $173 million at attractive returns
SAN DIEGO, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the second quarter ended June 30, 2022.
Encore delivered another quarter of strong operating performance in Q2, said Ashish Masih, President and Chief Executive Officer. Our financial results in the period were again driven primarily by collections within our MCM... More

