PRA Group, Inc. (NASDAQ:PRAA) Q3 2024 Results Conference Call November 4, 2024 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vik Atal - President and Chief Executive Officer Rakesh Sehgal - Executive Vice President and Chief Financial Officer Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Robert Dodd - Raymond James Operator Good evening and welcome the PRA Group Third Quarter 2024 Conference Call. All participants will be in a listen-onl ...

PRA Group (PRAA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.12%. A quarter ago, it was expected that this debt collector would post earnings of $0.05 per share when it actually produced earnings of $0.54, delivering a surprise of 980%.Over the last four quarters, the company has s ...

PRA Group Reports Third Quarter 2024 Results Transformation in U.S. Business Clearly Visible Company On Track to Achieve Financial and Operational Targets for 2024; Announces Targets for 2025 NORFOLK, Va., November 4, 2024 - PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2024 ("Q3 2024"). Q3 2024 Highlights • Net income attributable to PRA Group, Inc. of $27.2 million, or diluted e ...

Transformation in U.S. Business Clearly VisibleCompany On Track to Achieve Financial and Operational Targets for 2024; Announces Targets for 2025NORFOLK, Va., Nov. 4, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2024 ("Q3 2024").Q3 2024 Highlights Net income attributable to PRA Group, Inc. of $27.2 million, or diluted earnings per share of $0.69, including a ...

NORFOLK, Va., Oct. 31, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it amended and extended its North American Credit Agreement on October 28, 2024 and its UK Credit Agreement on October 30, 2024. The amendments extended the maturities for both credit facilities, totaling $2.3 billion of aggregate commitment amount, for five years to October 2029.  Pricing remains the same as the previous agreements ...

Financial and business services company PRA Group, Inc. (PRAA) is set to report its third-quarter 2024 results on Nov. 4, 2024, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 34 cents per share and $264.48 million, respectively.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The earnings estimate for the to-be-reported quarter has remained stable over the past 60 days. The bottom-line projection indicates a ye ...

NORFOLK, Va., Oct. 14, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2024 results after market close on Monday, November 4, 2024, followed by a webcast and conference call at 5 p.m. E.T. To listen to PRA Group's webcast and view the corresponding slides, visit https://ir.pragroup.com/events-andpresentations. To listen by phone on November 4, call 646-357-8785 in the U.S. or 1-800-836-8184 outside the U.S. a ...

The market is cheering the start of the rate cut cycle. It felt like it was never going to come and that inflation was going to beat us to death. The numbers have reeled in, thankfully, allowing for the Fed to shift its stance to accommodative policy. That's good news for the stock market and great news for investors looking for strong earnings track records. One way to dig up these track records is by leaning on the strength of the Zacks Rank. Stocks in the good grades of our Zacks Rank have the strongest ...

PRA Group, Inc. (PRAA) is well-poised to grow due to higher recent portfolio purchases and improved pricing in the United States, coupled with better overall cash collections. The company's adeptness in managing diverse debt types positions it strategically for effective portfolio diversification. PRA Group is a global financial and business services company in the Americas, Australia and Europe, with a market cap of $797.4 million. The company specializes in the acquisition, collection and management of no ...

NORFOLK, Va., Sept. 9, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as its global chief data and analytics officer, effective Sept. 16. PRA Group Global Chief Data and Analytics Officer Adrian Murphy.PRA Group Global Chief Data and Analytics Officer Adrian Murphy. Murphy will report to PRA Group President and CEO Vik Atal and serve as a member of the senior leadership team. He will lead the continued development ...