Encore Capital Group, Inc. ECPGreported first-quarter 2018 adjusted net income of 98 cents per share, which missed the Zacks Consensus Estimate by 4.8%. However, the bottom line improved 3.2% year over year, driven by a consistently growing supply of charged-off credit card debt and purchase of large amounts of receivables with highest returns.
Encore Capital (ECPG) Q1 Earnings and Revenues Miss, Up Y/Y
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