PRAA Stock Recent News

PRA Group's (PRAA) fourth-quarter results are likely to reflect lower cash collections from the Americas and Australia Core and higher legal collection and net interest expenses.

PRA Group's (PRAA) third-quarter results gain from improved cash collections and solid portfolio purchases.

PRA Group, Inc. (NASDAQ:PRAA ) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Najim Mostamand - CFA, Vice President, Investor Relations Vikram Atal - President and Chief Executive Officer Rakesh Sehgal - Executive Vice President, Chief Financial Officer Conference Call Participants David Scharf - JMP Securities Bob Napoli - William Blair Robert Dodd - Raymond James Mark Hughes - Truist Operator Good afternoon and welcome to the PRA Group's Third Quarter 2023 Conference Call. All participants will be in a listen-only mode.

While the top- and bottom-line numbers for PRA Group (PRAA) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

PRA Group (PRAA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NORFOLK, Va. , Oct. 16, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2023 results after market close on Monday, November 6, 2023, followed by a webcast and conference call at 5 p.m.

PRA Group has seen a rapid increase in its portfolio investments, with an additional $328 million invested in the last quarter. The company's operating expenses have decreased by 6% YoY, showing positive progress in reducing costs. PRAA's bottom line has been negatively impacted, but the company is making efforts to diversify its investments and improve its financial health.

PRA Group (PRAA) reported earnings 30 days ago. What's next for the stock?

PRA Group (PRAA) expects compensation expenses to be in the mid-$70 million range in the third quarter.

PRA Group, Inc. (NASDAQ:PRAA ) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vikram Atal - President and Chief Executive Officer Pete Graham - Executive Vice President and Chief Financial Officer Conference Call Participants David Scharf - JMP Securities Robert Napoli - William Blair Mark Hughes - Truist Securities Robert Dodd - Raymond James Operator Good afternoon and welcome to the PRA Group's Second Quarter 2023 Conference Call. All participants will be in a listen-only mode.