NORFOLK, Va., Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875% Senior Notes due 2030 (the "notes"), which was upsized by $50.0 million from the previously announced $100.0 million, at a price of 103.625% of their principal amount, in a private transaction that is exempt from the registration requirements of th ...

NORFOLK, Va., Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $100.0 million aggregate principal amount of senior notes due 2030 (the "notes") in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes will be a further issuance of the Company's ...

PRA Group, Inc.’s (PRAA) shares gained 17.8% since it reported third-quarter 2024 results on Nov. 6, 2024. The strong quarterly results benefited from strong cash collections and purchases in the third quarter. Moreover, the company showed optimism in achieving its 2024 targets and expects accelerated progress in 2025, driving investor confidence upward. However, rising expenses partially offset the positives.PRAA reported third-quarter 2024 earnings per share of 49 cents, which beat the Zacks Consensus Est ...

NORFOLK, Va., Nov. 8, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announces today that management is scheduled to participate at the following investor conferences in November and December:Citizens JMP Securities Financial Services ConferenceDate: Tuesday, November 12, 2024Conference Type: 1x1 meetings onlyLocation: Lotte New York Palace, New York, New YorkFurey Research Partners Hidden Gems ConferenceDate: Tuesday, November 26, 2024C ...

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 ...

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 ...