Encore Capital Group Raises Purchase Outlook and Projects 2026 EPS of $15.50 to $16.00
Encore Capital Group (ECPG) reported strong third-quarter financial and operational results, driven by record global collections and robust portfolio purchasing activity. Management expressed confidence in the company's growth trajectory, citing high performance across its core business segments. As a result of this momentum, the company has raised its outlook for annual purchases to a range of $1.5 billion to $1.55 billion. Furthermore, Encore Capital provided long-term guidance projecting 2026 earnings per share (EPS) to fall between $15.50 and $16.00.
Tickers: $ECPG
Topics: collections earnings financial performance portfolio purchasing
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