The exciting news about Encore Capital Group (NASDAQ: ECPG) will be shared on Wednesday 6th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
The financial experts on Wall Street are predicting that the business will likely report an estimated $1.48 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $360.7 million revenue during the quarter.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.42 billion. Additionally, they are expecting the company to report profit of $5.59 per share for the fiscal year 2024.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.79. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $309.62 million during that specific period.
ECPG will host a conference call with investment community on 6th November 2024 at 05:00 PM eastern time to discuss the financial results.
During Friday's trading, Encore Capital Group (ECPG) shares reached a low of $45.32 and a high of $46.62, along with a total volume of 107.70 thousand shares. The stock ended the regular trading session at $45.79, demonstrating a rise of 0.24 percent.
