---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-24-000082"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:35:45.762413+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Encore Capital Q2 GAAP EPS $1.34 (+24% YoY); raises FY guidance; CFO to retire

## Summary
- GAAP EPS $1.34, revenue $355M (+10% YoY), collections $547M (+15% YoY).
- Record US portfolio purchases $237M; global purchases $279M in Q2 2024.
- FY 2024 guidance raised: global purchases >$1,150M, collections ~$2,075M (+11% YoY).
- CFO Jonathan Clark to retire Mar 31, 2025; Tomas Hernanz (Cabot CFO) to succeed.
- CEO cites favorable US market conditions; YoY collections growth driven by strong purchasing.

## SEC filing metadata
- accession: 0001084961-24-000082
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000082/0001084961-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000082/ecpg-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-24-000082
- JSON: https://secwatch.observer/filing/0001084961-24-000082.json
- Plain text: https://secwatch.observer/filing/0001084961-24-000082.txt

## Key facts
- Executive change
  Jonathan Clark departed as Executive Vice President, Chief Financial Officer and Treasurer at ENCORE CAPITAL GROUP INC.
  - Action: retire
  - Role: Executive Vice President, Chief Financial Officer and Treasurer
  source text: On August 7, 2024, Jonathan Clark, Executive Vice President, Chief Financial Officer and Treasurer, notified Encore of his decision to retire from Encore, effective March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000082/0001084961-24-000082-index.htm
- Executive change
  Tomas Hernanz was appointed as Executive Vice President, Chief Financial Officer and Treasurer at ENCORE CAPITAL GROUP INC.
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer and Treasurer
  source text: The Company intends to appoint Mr. Tomas Hernanz as the Executive Vice President, Chief Financial Officer and Treasurer of Encore upon Mr. Clark’s retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000082/0001084961-24-000082-index.htm

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