ECPG News & Events

"As a result of our strong start to the year, we are raising our global collections guidance and now expect our FY26 collections to be approximately $2.8B, reflecting year-over-year growth of 8%. Additionally, we are raising our earnings guidance and now expect our earnings per share in 2026 to increase 19% to $13.00. Our guidance for portfolio purchasing remains unchanged from our view in February as we continue to anticipate our global portfolio purchases this year to be within a range from $1.4B to $1.5B. As always, we remain committed to the critical role we play in the consumer credit ecosystem and to helping consumers restore their financial health," said CEO Ashish Masih.

Reports Q revenue $475.41M, consensus $446.26M. "Encore delivered another quarter of strong performance in Q1 as our industry leadership and operational improvement remain on full display," said Ashish Masih, CEO. "Our business continues to thrive with solid first quarter portfolio purchases of $363M and record collections of $718M, which were up 19% compared to a year ago. This collections performance helped earnings increase sharply, with first quarter earnings per share of $3.86 up 100% compared to $1.93 per share a year ago."