Encore Capital Group (NASDAQ:ECPG) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.32b (up 7.7% from FY 2023).
• Net loss: US$139.2m (loss narrowed by 33% from FY 2023).
• US$5.83 loss per share (improved from US$8.72 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Encore Capital Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) was also behind analyst expectations.

In the last 12 months, the only revenue segment was Portfolio Purchasing and Recovery contributing US$1.32b. The largest operating expense was General & Administrative costs, amounting to US$876.7m (60% of total expenses). Explore how ECPG's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in the US.

Performance of the American Consumer Finance industry.

The company's shares are down 22% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Encore Capital Group that we have uncovered.

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