Encore Capital Group reported third-quarter earnings per share of $5.57, a 76% increase from the prior year's $3.17, driven by record global collections of $754 million and portfolio purchases totaling $390 million. The company raised its full-year 2026 guidance, now expecting EPS between $15.50 and $16.00, representing over 40% growth compared to 2025. Additionally, Encore anticipates global collections of $2.90 billion to $2.95 billion and portfolio purchases of $1.50 billion to $1.55 billion for the full year. The company operates in the specialty finance industry, purchasing consumer receivable portfolios and providing debt recovery solutions.
