{"schema_version":"secwatch.filing_event.v1","accession":"0001084961-23-000011","form_type":"8-K","ticker":"ECPG","cik":"0001084961","company_name":"ENCORE CAPITAL GROUP INC","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.820993+00:00","generated_at":"2026-06-19T04:08:19.679502+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Encore Capital reports Q4 net loss of $73M; full-year EPS $7.46, down 34% YoY","bullets":["GAAP net loss of $73.1M in Q4 2022 vs net income of $76.1M in Q4 2021; EPS -$3.11.","Full-year 2022 GAAP net income $194.6M, EPS $7.46, down 45% and 34% YoY respectively.","Portfolio purchases up 20% to $800.5M; U.S. purchases up 36% to $556M.","ERC down 3% to $7.56B; effective tax rate 37.4% for full year, Q4 negative due to one-time items.","Q1 2023 U.S. portfolio purchases expected at least $200M, more than double Q1 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001084961-23-000011","json":"https://secwatch.observer/filing/0001084961-23-000011.json","markdown":"https://secwatch.observer/filing/0001084961-23-000011.md","text":"https://secwatch.observer/filing/0001084961-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084961/000108496123000011/0001084961-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084961/000108496123000011/ecpg-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T04:08:19.679502+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":"288548cb5c22dc0c89e76c744cbbe06c61ddb2b4","claim":"ENCORE CAPITAL GROUP INC reported the fourth quarter ended December 31, 2022 results: revenue $ 233,996, net income $ (73,118), EPS $ (3.11).","evidence_excerpt":"Financial Highlights for the Fourth Quarter of 2022: Three Months Ended December 31, (in thousands, except percentages and earnings per share) 2022 2021 Change Collections $ 436,156 $ 521,781 (16)% Revenues $ 233,996 $ 357,303 (35)% Portfolio purchases (1) $ 225,343 $ 183,435 23% Operating expenses $ 236,301 $ 233,279 1% Effective tax rate (59.3) % 10.6 % N/A GAAP net (loss) income $ (73,118) $ 76,083 (196)% GAAP (loss) income per share $ (3.11) $ 2.53 (223)%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084961/000108496123000011/0001084961-23-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$ 233,996"},{"label":"Net income","value":"$ (73,118)"},{"label":"EPS","value":"$ (3.11)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"716e185595390a9598a4be2d2593b405684e0581","claim":"ENCORE CAPITAL GROUP INC reported the full fiscal year ended December 31, 2022 results: revenue $ 1,398,347, net income $ 194,564, EPS $ 7.46.","evidence_excerpt":"Financial Highlights for the Full Year of 2022: Year Ended December 31, (in thousands, except percentages and earnings per share) 2022 2021 Change Collections $ 1,911,537 $ 2,307,359 (17)% Revenues $ 1,398,347 $ 1,614,499 (13)% Portfolio purchases (1) $ 800,507 $ 664,529 20% Estimated Remaining Collections (ERC) $ 7,555,003 $ 7,749,954 (3)% Operating expenses $ 936,173 $ 981,227 (5)% Effective tax rate 37.4 % 19.5 % +1790bps GAAP net income attributable to Encore $ 194,564 $ 350,782 (45)% GAAP earnings per share $ 7.46 $ 11.26 (34)%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084961/000108496123000011/0001084961-23-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$ 1,398,347"},{"label":"Net income","value":"$ 194,564"},{"label":"EPS","value":"$ 7.46"},{"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"}