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Encore Capital Group Inc (ECPG.OQ)

ECPG.OQ on NASDAQ Stock Exchange Global Select Market

44.90USD
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Michael Monaco to become Encore Capital non-executive Chairman
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Encore Capital Group Inc :Michael Monaco to become non-executive Chairman of Encore Capital Group.Encore Capital Group Inc - ‍Board unanimously elected Michael Monaco, a current independent director, as Chairman​.Encore Capital Group Inc - ‍Willem Mesdag has resigned from its Board of Directors effective November 1, 2017​.  Full Article

Encore Capital Group reports Q3 GAAP earnings per share $1.05
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Encore Capital Group Inc :Encore Capital Group Inc announces third quarter 2017 financial results.Q3 revenue $307 million versus I/B/E/S view $283.5 million.Q3 GAAP earnings per share $1.05.Q3 earnings per share view $0.91 -- Thomson Reuters I/B/E/S.Encore Capital Group Inc qtrly ‍adjusted income attributable to encore per share was $1.17​.  Full Article

Encore Capital Group announces Q2 2016 financial results
Friday, 5 Aug 2016 

Encore Capital Group Inc : Q2 GAAP earnings per share $1.14 from continuing operations . Q2 earnings per share view $1.21 -- Thomson Reuters I/B/E/S . Encore Capital Group announces second quarter 2016 financial results . Q2 revenue $289 million versus I/B/E/S view $297 million .Q2 non-GAAP earnings per share $1.29 from continuing operations.  Full Article

Encore Capital Group reports Q1 GAAP earnings per share $1.12 from continuing operations
Wednesday, 11 May 2016 

Encore Capital Group Inc : Q1 GAAP earnings per share $1.12 from continuing operations . Q1 revenue $289 million versus I/B/E/S view $303.8 million . Q1 non-GAAP earnings per share $1.31 from continuing operations . Q1 adjusted operating earnings per share $1.31 .Q1 earnings per share view $1.27 -- Thomson Reuters I/B/E/S.  Full Article

Encore Capital Group enters agreement to sell Propel Financial Services to Prophet Capital Asset Management
Thursday, 25 Feb 2016 

Encore Capital Group:Enters agreement to sell propel financial services to prophet capital asset management.Sale expected to generate more than $150 million of after-tax proceeds for Encore.Transaction, which would establish Propel's enterprise value at more than $340 million, is expected to close before the end of the first calendar quarter of 2016.Encore's decision to divest Propel reflects the broadening array of opportunities within its global footprint and improving performance within its U.S. core business to generate greater returns on invested capital.Impairment charge of $49 million dollars in the fourth quarter. On a cash-on-cash IRR basis, Encore's ownership of Propel is expected to conclude as a nearly break-even investment.  Full Article

BRIEF-Encore Capital's U.K.-based unit will not go forward with previously announced IPO​

* Encore Capital Group - co's U.K.-based unit Cabot Credit Management decided to not go forward with its previously announced initial public offering​