Encore Capital (ECPG) Q3 2026: record collections of $754M, EPS up sharply
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Global Collections: Record $754 million, up 14% year over year. Global Portfolio Purchases: $390 million in Q3, including $310 million in the US (80% of purchasing dollars). Average Receivable Portfolios: Increased 11% to $4.69 billion.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong quarterly results on collections and revenue, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Global collections were a record $754 million, up 14% year over year.
- 02Total revenue rose 18% to $545 million.
- 03The collections yield rose 1.6 percentage points to 64.3%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets