Home Markets Earnings Estimate Forecast on Encore Capital Group Inc(ECPG)

Earnings Estimate Forecast on Encore Capital Group Inc(ECPG)


Encore Capital Group Inc(ECPG): For the most recent quarter end, Encore Capital Group Inc reported Annual Earnings of $0.14. Based on the filings, last years Annual Earnings was, $5.02. For the most recent quarter end, ECPG reported a surprise Earnings per Share of -88.24% . The consensus estimate for current quarter is $0.64 and for the current fiscal year, the estimate is $3.38. For the Next fiscal year, the estimate is $4.23 based on the consensus.

Encore Capital Group Inc has received $0.64 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.52 while the top line estimate is $0.71 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -50.62%. Encore Capital Group Inc results fell short with a surprise EPS of -88.24% or $-1.05. The Actual EPS was $0.14 compared to the Estimated EPS of $1.19 during its most recent quarterly earnings.

Encore Capital Group Inc has a Price to Earnings ratio of 8.38 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.5. For the Most Recent Fiscal Year, Encore Capital Group Inc has a price to cash ratio of 3.94. For the Trailing twelve month period, company showed a Net Profit Margin of 5% and Return on Equity of the stock is 17.26%.

Encore Capital Group Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.14 EPS for the quarter, missing the analyst consensus estimate by $ -1.10. Analyst had a consensus of $1.24. The company had revenue of $179.41 million for the quarter, compared to analysts expectations of $283.66 million. The companys revenue was down -35.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.34 EPS.

Company has reported several Insider transactions to the SEC, on Mar 4, 2016, Norman R Sorensen (director) purchased 2,000 shares at 26.58 per share price.On Mar 2, 2016, Ashwini Gupta (director) purchased 5,000 shares at 23.12 per share price.On Mar 2, 2016, Ashish Masih (EVP, US Debt Purchasing Ops.) purchased 2,500 shares at 23.50 per share price.

Encore Capital Group Inc (NASDAQ:ECPG) rose 1.92% or 0.65 points on Wednesday and made its way into the gainers of the day. After trading began at $33.8 the stock was seen hitting $34.65 as a peak level and $33.35 as the lowest level. The stock ended up at $34.5. The daily volume was measured at 713,161 shares. The 52-week high of the share price is $34.65 and the 52-week low is $17.6578. The company has a market cap of $881 million.

Encore Capital Group is a leading provider of debt management and recovery solutions for consumers and property owners across a broad range of assets. Through its subsidiaries, the company purchases portfolios of consumer receivables from major banks, credit unions, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery. Through its Propel Financial Services subsidiary, the company assists property owners who are delinquent on their property taxes by structuring affordable monthly payment plans. Encores success and future growth are driven by its sophisticated and widespread use of analytics, its broad investments in data and behavioral science, the significant cost advantages provided by its highly-efficient operating model and proven investment strategy, and the companys demonstrated commitment to conducting business ethically and in ways that support its consumers financial recovery.



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