Earnings Call Summary | Encore Capital Group(ECPG.US) Q2 2024 Earnings Conference
Earnings Call Summary | Encore Capital Group(ECPG.US) Q2 2024 Earnings Conference
GAAP net income and EPS for Q2 were $32 million and $1.34 respectively, up 22% and 24% YOY.The following is a summary of the Encore Capital Group, Inc. (ECPG) Q2 2024 Earnings Call Transcript:
以下是安可資本（Encore Capital Group, Inc.）2024財年第二季度業績會議語音記錄摘要：
Financial Performance:
金融業績：
Global Q2 portfolio purchases were $279 million, up 2% YOY with record U.S. deployments.
Q2 collections reached $547 million, a 15% YOY increase, driven by sustained strong portfolio purchasing.
GAAP net income and EPS for Q2 were $32 million and $1.34 respectively, up 22% and 24% YOY.
Strong cash generation in Q2 was up 19% YOY, highlighting efficient capital utilization and high returns on portfolio purchases.
全球第二季度組合購買額爲2.79億美元，環比增長2%，創下美國部署紀錄。
第二季度收款達5.47億美元，同比增長15%，受持續強勁的組合購買推動。
按照GAAP計算，第二季度每股收益爲1.34美元，淨收入爲3200萬美元，同比增長22%和24%。
第二季度現金產生強勁，同比增長19%，突顯資本利用效率高和組合購買回報率高。
Business Progress:
業務進展：
Record $237 million deployed in U.S. during Q2, reflecting strong market conditions and portfolio returns.
Anticipated another record year of portfolio purchasing for MCM business in U.S.
Continued selective portfolio purchasing in Europe due to high fund costs despite improved pricing.
Maintained disciplined cost management and operational efficiency contributing to growth in earnings and collections.
第二季度在美國部署創下2.37億美元的新紀錄，反映了強大的市場條件和組合回報。
預計在美國MCm業務中再次創造組合採購的紀錄。
繼續在歐洲進行有選擇性的組合購買，因爲儘管報價有所提高，但基金成本仍很高。
保持紀律的成本管理和運營效率有助於推動盈利和收款增長。
Opportunities:
機會：
Encore is prioritizing U.S. market for portfolio purchases due to high returns and record levels of supply.
Anticipate global portfolio purchasing in 2024 to exceed $1.15 billion, reflecting an increase of $75 million from 2023.
由於回報率高且供應水平創紀錄，Encore正在優先考慮美國市場的組合採購。
預計2024年全球組合採購額將超過11.5億美元，較2023年增長7500萬美元。
Risks:
風險：
Despite improved portfolio pricing in Europe, it still does not consistently reflect the higher cost of capital due to increased interest rates.
儘管歐洲的組合定價有所改善，但仍未始終反映出由於利率期貨上漲而造成的成本上升。
More details: Encore Capital Group IR
更多詳情請參見安可資本集團投資者關係網站。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。