Encore Capital Gr Q2 EPS $1.08 Misses $1.25 Estimate, Sales $323.04M Miss $326.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Encore Capital Gr reported Q2 earnings of $1.08 per share, missing the analyst consensus estimate of $1.25 by 13.6%. This is a 52.84% decrease from the same period last year. The company also reported quarterly sales of $323.04 million, missing the analyst consensus estimate of $326.54 million by 1.07%. This is a 9.49% decrease from the same period last year.
August 04, 2023 | 12:08 pm
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Encore Capital Gr's Q2 earnings and sales missed estimates, marking a significant decrease from last year's figures.
Encore Capital Gr's earnings and sales for Q2 have both missed estimates, and have significantly decreased compared to the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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