---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-24-000098"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:18:30.686725+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Encore Capital Q3 GAAP EPS $1.26, up 59% YoY; raises 2024 purchase guidance >$1.25B

## Summary
- GAAP EPS $1.26 (up 59% YoY); net income $30.6M, revenue $367.1M (+19% YoY).
- Global portfolio purchases $282.5M (+23%); U.S. MCM purchases $230M (+28%).
- Collections $550.3M (+18%); FY 2024 guidance raised: purchases >$1.25B, collections ~$2.125B.
- Exited secured NPL market in Spain; pre-tax loss of $8M ($0.27 per share).
- U.S. market favorable (highest charge-off rate in 10+ yrs); disciplined approach in Europe.

## SEC filing metadata
- accession: 0001084961-24-000098
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000098/0001084961-24-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000098/ecpg-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-24-000098
- JSON: https://secwatch.observer/filing/0001084961-24-000098.json
- Plain text: https://secwatch.observer/filing/0001084961-24-000098.txt

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