Quarterly ResultAug 5, 2026, 04:18 PM
Encore Capital Q2 EPS $2.81; Record Global Purchases & Collections
AI Summary
Encore Capital Group reported strong second-quarter 2026 financial results, with diluted earnings per share of $2.81, which included $1.00 per share in refinancing costs. The company achieved record global portfolio purchases of $444 million, driven by a record $372 million in the U.S., and record global collections of $737 million, up 13% year-over-year. Following this performance, Encore Capital Group raised its full-year 2026 collections guidance to a range of $2.80 billion to $2.85 billion and its EPS guidance to $13.00 to $14.00 per share.
Key Highlights
- Q2 2026 diluted EPS was $2.81, including $1.00 per share in refinancing costs.
- Global portfolio purchases reached $444 million, with a record $372 million in the U.S.
- Global collections increased 13% to a record $737 million.
- GAAP net income for Q2 2026 was $64 million, up 9% year-over-year.
- Company repurchased approximately $27 million of its common stock.
- Full-year 2026 collections guidance revised to $2.80 billion to $2.85 billion, reflecting 8-10% growth.
- Full-year 2026 EPS guidance updated to $13.00 to $14.00 per share.
Price Impact
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