SAN DIEGO (AP) _ Encore Capital Group Inc. (ECPG) on Wednesday reported third-quarter net income of $31.5 million.

On a per-share basis, the San Diego-based company said it had profit of $1.22.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The provider of debt-management and recovery services posted revenue of $307.8 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $330.6 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECPG at https://www.zacks.com/ap/ECPG

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