Debt Buyers Set First Quarter Results Reporting Dates

Financial results for three of the largest debt buyers in the U.S. are coming soon, with one reporting later today after the market closes.

Asset Acceptance Capital Corp. (NASDAQ: AACC) will be announced its first quarter 2013 results Monday after the stock market closes (4pm Eastern). The company said in a press release last week that it will not be holding a conference call to discuss results due to the closing of an announced buyout by rival Encore Capital Group.

Encore (NASDAQ: ECPG) announced late last week that it will be announcing Q1 2013 results next Thursday, May 9, after the market closes. It will be hosting a conference call to discuss results at 5pm Eastern that same day.

Encore also announced today that it will host its seventh annual investor day on Wednesday, June 5, 2013, in New York City, following the conclusion of business at its annual meeting of stockholders. Presentations by Encore’s management team are scheduled to begin at approximately 10am Eastern and conclude by 11am.Due to space limitations, registration is required to attend the investor day.

Portfolio Recovery Associates (NASDAQ: PRAA), currently the largest publicly traded debt buyer, will release its results for the first quarter of 2013 tomorrow, Tuesday April 30, after the market closes. The company will discuss its financial results on a conference call scheduled to begin at 5:30pm Eastern that day.