Recap: Encore Capital Gr Q1 Earnings

Encore Capital Gr ECPG reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Encore Capital Gr missed estimated earnings by 22.31%, reporting an EPS of $0.94 versus an estimate of $1.21.

Revenue was down $187.05 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $4.58 which was followed by a 5.88% drop in the share price the next day.

Here's a look at Encore Capital Gr's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.47 1.78 2.02 2.03
EPS Actual -3.11 1.22 2.29 6.40
Revenue Estimate 319.60M 330.29M 343.37M 347.07M
Revenue Actual 234.00M 307.75M 356.92M 499.68M

To track all earnings releases for Encore Capital Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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