Encore Capital Group reported record third quarter results for 2026, significantly outperforming consensus estimates for both revenue and earnings per share. The performance was driven by an exceptional 17% growth in U.S. collections and continued favorable supply conditions in the domestic credit market, prompting management to raise its full-year 2026 financial guidance.
Key Highlights
- Record global collections of $754 million represented 14% year-over-year growth, led by the U.S. MCM segment.
- GAAP earnings per share of $5.57 beat the $3.45 estimate by 61%, supported by strong recoveries and digital innovation deployment.
- Full-year 2026 EPS guidance was raised to a range of $15.50 to $16.00, implying over 40% annual growth compared to 2025.