{"schema_version":"secwatch.filing_event.v1","accession":"0001084961-22-000121","form_type":"8-K","ticker":"ECPG","cik":"0001084961","company_name":"ENCORE CAPITAL GROUP INC","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.562572+00:00","generated_at":"2026-06-22T11:51:22.652484+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Encore Capital Q3 GAAP net income $31M, EPS $1.22; collections down 19% YoY","bullets":["GAAP net income $31.5M ($1.22 EPS) vs $83.6M ($2.66 EPS) in Q3 2021; revenue $307.8M (-25%).","Global collections $458.3M (-19% YoY); European results affected by weakening British pound and Euro.","Portfolio purchases $232.7M (+38% YoY), with US MCM purchases up 73% vs Q3 2021.","Estimated Remaining Collections $7.31B (-7% from $7.88B); leverage ratio 2.1x vs 1.8x YoY.","CEO cites entering growth phase in US portfolio supply cycle; ample liquidity to capitalize."],"urls":{"canonical":"https://secwatch.observer/filing/0001084961-22-000121","json":"https://secwatch.observer/filing/0001084961-22-000121.json","markdown":"https://secwatch.observer/filing/0001084961-22-000121.md","text":"https://secwatch.observer/filing/0001084961-22-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084961/000108496122000121/0001084961-22-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084961/000108496122000121/ecpg-20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T11:51:22.652484+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"36978121aef5a4eb91cac5224ea50d6ba2ef08e6","claim":"ENCORE CAPITAL GROUP INC reported the third quarter ended September 30, 2022 results: revenue $307,752, net income $31,494, EPS $1.22.","evidence_excerpt":"Quarter of 2022: Three Months Ended September 30, (in thousands, except percentages and earnings per share) 2022 2021 Change Collections $ 458,256 $ 566,690 (19)% Revenues $ 307,752 $ 412,624 (25)% Portfolio purchases (1) $ 232,652 $ 168,188 38% Estimated Remaining Collections (ERC) $ 7,312,336 $ 7,879,353 (7)% Operating expenses $ 227,235 $ 245,977 (8)% GAAP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084961/000108496122000121/0001084961-22-000121-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$307,752"},{"label":"Net income","value":"$31,494"},{"label":"EPS","value":"$1.22"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}