---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-23-000087"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:19:50.006330+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Encore Capital Q2 GAAP EPS $1.08, revenue down 9% YoY; portfolio purchases up 59% to $274M

## Summary
- GAAP net income $26.3M ($1.08 per share) vs $60.4M ($2.29) a year ago, down 56%.
- Revenue $323M, down 9% YoY from $357M; global collections $477M, down 4%.
- Portfolio purchases surged 59% to $274M, driven by $213M in U.S. (flat QoQ).
- Estimated Remaining Collections (ERC) $7.98B, up 6% YoY.
- CEO expects steady ERC and earnings growth on higher U.S. purchases and improving returns.

## SEC filing metadata
- accession: 0001084961-23-000087
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496123000087/0001084961-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496123000087/ecpg-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-23-000087
- JSON: https://secwatch.observer/filing/0001084961-23-000087.json
- Plain text: https://secwatch.observer/filing/0001084961-23-000087.txt

## Key facts
- Earnings Releases
  ENCORE CAPITAL GROUP INC reported second quarter ended June 30, 2023 results: net income $26,305 (in thousands), EPS $1.08.
  - Period: second quarter ended June 30, 2023
  - Net income: $26,305 (in thousands)
  - EPS: $1.08
  - Result: reported results
  source text: On August 2, 2023, Encore Capital Group, Inc. (“Encore”) issued a press release announcing its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084961/000108496123000087/0001084961-23-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.