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PRAA LATEST HEADLINES
Growing portfolio supply in the United States, coupled with pricing tailwinds and improvement in cash efficiency ratio, poise PRA Group (PRAA) well for growth.
PRA Group (PRAA) expects cash collections in 2024 to witness double-digit growth.
PRA Group, one of the largest global collection agencies, lost less than expected thanks to its work streamlining its U.S. operations. The company will likely see more loans available for purchase in 2024 if the economic headwinds continue.
PRA Group, Inc. (PRAA) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for PRA Group (PRAA) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.