None
EN
Encore Capital Group Q2 Earnings Call Highlights
['Latisha Jones']
Daily Political
Encore Capital Group (NASDAQ:ECPG) reported higher second-quarter earnings, record U.S. portfolio purchases and record global collections, while raising its 2026 outlook for collections and earnings per share.
Global collections rose 13% year over year to a record $737 million, while average receivable portfolios increased 11% to $4.52 billion.
The U.S. represented 84% of Encore’s global portfolio purchasing dollars during the period.
MCM collections increased 17% from a year earlier to a record $572 million.
About Encore Capital Group (NASDAQ:ECPG)Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables.