Encore Capital Group reported record global collections of $737 million in the second quarter of 2026, a 13% increase from a year earlier, and raised its full-year earnings per share guidance to between $13 and $14. Global portfolio purchases reached $444 million, including a record $372 million in the US, while average receivable portfolios grew 11% to $4.52 billion. GAAP net income was $64 million, or $2.81 per share, weighed down by $30.5 million in refinancing costs that reduced EPS by $1.00. The company improved its leverage ratio to 2.3 times from 2.6 times a year ago and lifted its cash efficiency margin by 2.9 percentage points to 60.2%. For the full year, Encore expects global portfolio purchases of $1.4 billion to $1.5 billion and global collections of $2.8 billion to $2.85 billion.
Encore Capital Group IncRecord collections and raised EPS guidance are positive financial results.
