Encore Capital Group (ECPG) Misses Q3 Earnings Estimates
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Encore Capital Group (ECPG) reported Q3 earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.47. This is an improvement from $0.79 per share a year ago.
November 07, 2024 | 1:00 am
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NEGATIVE IMPACT
Encore Capital Group reported Q3 earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.47. Despite the miss, earnings improved from $0.79 per share a year ago.
The earnings miss is likely to negatively impact ECPG's stock price in the short term as it fell short of analyst expectations. However, the year-over-year improvement may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100