Recap: Encore Capital Gr Q1 Earnings - Encore Capital Gr (NASDAQ:ECPG)

Encore Capital Gr ECPG reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Encore Capital Gr missed estimated earnings by 22.31%, reporting an EPS of $0.94 versus an estimate of $1.21.

Revenue was down $187.05 million from the same period last year.

Last quarter the company missed on EPS by $4.58 which was followed by a 5.88% drop in the share price the next day.

Here's a look at Encore Capital Gr's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.47	1.78	2.02	2.03
EPS Actual	-3.11	1.22	2.29	6.40
Revenue Estimate	319.60M	330.29M	343.37M	347.07M
Revenue Actual	234.00M	307.75M	356.92M	499.68M

To track all earnings releases for Encore Capital Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.