Encore Capital revises 2026 collections guidance; Q2 EPS rises 13% to $2.81
Encore Capital reported second-quarter 2026 net income of $64 million, or $2.81 per diluted share, up from $2.49 a year earlier, after $1.00 per share of refinancing costs tied to a $1 billion debt refinancing in May. The company revised its full-year 2026 collections guidance to $2.80 billion to $2.85 billion and now expects 2026 EPS of $13.00 to $14.00.
Key points
- Q2 2026 net income $64 million ($2.81 diluted EPS) vs. $59 million ($2.49) in Q2 2025; results include $30.5 million of refinancing costs
- Global collections rose 13% to $737 million; U.S. portfolio purchases of $372 million were the company's strongest purchasing quarter
- Full-year 2026 collections now expected at $2.80 billion to $2.85 billion; EPS expected at $13.00 to $14.00
- About $27 million of common stock repurchased in the second quarter
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.