Financial PerformanceEncore Capital Group closed out 2024 with record collections and purchases in the fourth quarter, positioning the business as a cyclical winner.
Market OutlookManagement conveyed a robust purchasing environment in the U.S. market, with supply at record levels, and raised its purchasing outlook through year-end.
Shareholder ReturnsManagement indicates that it is set to resume share repurchases in 2025 as it approaches the midpoint of its targeted range of leverage at 2.5x.