Encore Capital Group's Q2 2025 earnings call reflected strong financial performance, with record portfolio purchases and collections driving significant growth in earnings. The company improved its leverage and liquidity position and raised its guidance for global collections. However, challenges remain in the European market due to subdued consumer lending, and interest expenses have increased. Overall, the call conveyed a positive outlook for the remainder of the year, particularly in the U.S. market.

Company Guidance -

Q3 2025

During the Encore Capital Group's Second Quarter 2025 earnings call, the company provided a positive outlook and updated guidance based on strong performance metrics. Portfolio purchases increased by 32% year-over-year to $367 million, while collections rose 20% to a record $655 million, and estimated remaining collections (ERC) reached a record $9.4 billion, up 12%. Earnings per share for Q2 2025 surged 86% to $2.49 compared to the previous year. The leverage ratio improved slightly to 2.6x from 2.7x a year ago. The company also repurchased $15 million of shares in Q2, totaling $25 million for the first half of the year. Encore raised its 2025 global collections growth guidance to approximately 15.5% or $2.5 billion, up from an earlier 11% expectation. The anticipated interest expense for 2025 remains at $285 million, with an effective tax rate projected in the mid-20s.

Record Portfolio Purchases

Encore's global portfolio purchases in Q2 2025 were $367 million, up 32% compared to Q2 2024. The U.S. market saw a record $317 million in purchases, a 34% increase from the previous year.

Record Collections Performance

Encore achieved record collections of $655 million in Q2, a 20% increase from Q2 2024. The MCM business in the U.S. delivered record collections of $490 million, up 24% compared to Q2 last year.

Strong Earnings Growth

Encore's Q2 earnings per share increased 86% to $2.49, compared to $1.34 in Q2 2024. Net income rose by 82% to $59 million.

Improved Leverage and Liquidity

Encore improved its leverage to 2.6x at the end of Q2, compared to 2.7x a year ago. The company increased its RCF by $190 million and its U.S. facility by $150 million, enhancing liquidity.

Positive Guidance and Outlook

Encore raised its guidance for global collections, expecting a 15.5% increase to $2.5 billion, up from the prior expectation of 11% growth.

Encore Capital (ECPG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ECPG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.71 / -	1.26	―	―	―
Aug 06, 2025	2025 (Q2)	1.42 / 2.49	1.34	85.82% (+1.15)
May 07, 2025	2025 (Q1)	1.21 / 1.93	0.95	103.16% (+0.98)
Feb 26, 2025	2024 (Q4)	1.52 / -9.42	-11.4	17.37% (+1.98)
Nov 06, 2024	2024 (Q3)	1.48 / 1.26	0.79	59.49% (+0.47)
Aug 07, 2024	2024 (Q2)	1.24 / 1.34	1.08	24.07% (+0.26)
May 08, 2024	2024 (Q1)	0.94 / 0.95	0.75	26.67% (+0.20)
Feb 21, 2024	2023 (Q4)	1.23 / -11.40	-3.11	-266.56% (-8.29)
Nov 01, 2023	2023 (Q3)	1.32 / 0.79	1.22	-35.25% (-0.43)
Aug 02, 2023	2023 (Q2)	1.25 / 1.08	2.29	-52.84% (-1.21)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ECPG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$37.43	$39.44	+5.37%
May 07, 2025	$32.92	$40.77	+23.85%
Feb 26, 2025	$49.86	$38.95	-21.88%
Nov 06, 2024	$49.77	$49.80	+0.06%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Encore Capital Group Inc (ECPG) report earnings?

Encore Capital Group Inc (ECPG) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Encore Capital Group Inc (ECPG) earnings time?

Encore Capital Group Inc (ECPG) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ECPG EPS forecast?

ECPG EPS forecast for the fiscal quarter 2025 (Q3) is 1.71.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing