SAN DIEGO (AP) — SAN DIEGO (AP) — Encore Capital Group Inc. (ECPG) on Wednesday reported third-quarter net income of $74.7 million.
On a per-share basis, the San Diego-based company said it had profit of $3.17.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share.
The provider of debt-management and recovery services posted revenue of $460.4 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $412 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECPG at https://www.zacks.com/ap/ECPG
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
