20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Encore Capital Gr (NASDAQ:ECPG) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Encore Capital Gr missed estimated earnings by 22.31%, reporting an EPS of $0.94 versus an estimate of $1.21.
Revenue was down $187.05 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $4.58 which was followed by a 5.88% drop in the share price the next day.
Here's a look at Encore Capital Gr's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.47 | 1.78 | 2.02 | 2.03 |
| EPS Actual | -3.11 | 1.22 | 2.29 | 6.40 |
| Revenue Estimate | 319.60M | 330.29M | 343.37M | 347.07M |
| Revenue Actual | 234.00M | 307.75M | 356.92M | 499.68M |
To track all earnings releases for Encore Capital Gr visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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