{"schema_version":"secwatch.filing_event.v1","accession":"0001084961-24-000045","form_type":"8-K","ticker":"ECPG","cik":"0001084961","company_name":"ENCORE CAPITAL GROUP INC","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.220957+00:00","generated_at":"2026-06-02T08:36:47.307308+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Encore Capital Q1 GAAP EPS $0.95; portfolio purchases $296M, record $237M in U.S.","bullets":["GAAP net income $23.2M ($0.95 EPS) vs $18.6M ($0.75 EPS) in Q1 2023, up 27% YoY.","Global collections of $511M, up 10% YoY; revenue of $328M, up 5% YoY.","Portfolio purchases of $296M, including record $237M in U.S.; Europe constrained at $59M.","CEO cites highly favorable U.S. purchasing conditions and expects 2024 to be a turning point.","Reaffirms 2024 guidance: portfolio purchases to exceed 2023 total and collections to grow ~8% to over $2B."],"urls":{"canonical":"https://secwatch.observer/filing/0001084961-24-000045","json":"https://secwatch.observer/filing/0001084961-24-000045.json","markdown":"https://secwatch.observer/filing/0001084961-24-000045.md","text":"https://secwatch.observer/filing/0001084961-24-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084961/000108496124000045/0001084961-24-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084961/000108496124000045/ecpg-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:36:47.307308+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":"927150432b6d72b89a2b2390760d661e187f628d","claim":"ENCORE CAPITAL GROUP INC reported the quarter ended March 31, 2024 results: revenue $ 328,386, net income $ 23,239, EPS $ 0.95. Guidance reaffirmed.","evidence_excerpt":"2024 2023 Change Portfolio purchases (1) $ 295,714 $ 276,431 7% Estimated Remaining Collections (ERC) $ 8,307,294 $ 7,789,980 7% Collections $ 510,887 $ 462,356 10% Revenues $ 328,386 $ 312,630 5% Operating expenses $ 244,795 $ 242,492 1% GAAP net income $ 23,239 $ 18,626 25% GAAP earnings per share $ 0.95 $ 0.75 27% ______________________ (1) Includes U.S.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084961/000108496124000045/0001084961-24-000045-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$ 328,386"},{"label":"Net income","value":"$ 23,239"},{"label":"EPS","value":"$ 0.95"},{"label":"Guidance","value":"reaffirmed"},{"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"}