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PRA Group (PRAA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The mean of analysts' price targets for PRA Group (PRAA) points to a 32.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
PRA Group (PRAA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
PRAA's fourth-quarter results benefit from strong cash collection across the United States and Europe. It expects a cash efficiency ratio of more than 60% for 2025.
Financial community comes together on practical ways to support people in debt NORFOLK, Va. , Feb. 20, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, and StepChange, the UK's largest debt advice charity, recently partnered to highlight issues impacting people in debt in the United Kingdom.
PRA Group, Inc. (NASDAQ:PRAA ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vik Atal - President and CEO Rakesh Sehgal - Executive Vice President and CFO Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Robert Dodd - Raymond James John Rowan - Janney Operator Good evening. And welcome to the PRA Group's Fourth Quarter and Full Year 2024 Conference Call.
PRA Group (PRAA) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to loss of $0.22 per share a year ago.
Transformational Year Culminates in Return to Enhanced Profitability Record Portfolio Purchases of $1.4 Billion and Cash Collections Growth of 13% to $1.9 Billion Company Updates 2025 Financial Targets, Raising Portfolio Purchases Target to $1.2 Billion NORFOLK, Va. , Feb. 19, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter ("Q4 2024") and full year of 2024.
PRAA's fourth-quarter results are likely to reflect growing cash collections and higher portfolio income.
NORFOLK, Va. , Feb. 11, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2024 results after market close on Wednesday, February 19, 2025, followed by a webcast and conference call at 5 p.m.