Encore Capital Group Inc. has reported its financial results for the first quarter of 2025, showcasing a robust performance. The company achieved a significant increase in global portfolio purchases, which rose by 24% to reach $368 million compared to the first quarter of the previous year. This growth was driven by record purchases of $316 million in the U.S. market, highlighting favorable purchasing conditions in the region. Additionally, global collections saw an 18% increase, totaling $605 million, with the U.S. contributing a record $454 million. This improved performance is reflected in the earnings per share $(EPS)$ for the quarter, which stood at $1.93, indicating a substantial year-over-year growth from the previous EPS of $0.95, marking a 103% increase. The company continues to focus on its strategic initiatives and operational efficiencies, contributing to its strong start in 2025.
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