💨 Abstract

Encore Capital Group Inc. (ECPG) reported a first-quarter profit of $46.8 million, or $1.93 per share, surpassing Wall Street's expectations. The company, based in San Diego, is a provider of debt-management and recovery services. It generated $392.8 million in revenue, also exceeding forecasts. The report was generated by Automated Insights using data from Zacks Investment Research.

Courtesy: wtop.com

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