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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.
While the top- and bottom-line numbers for PRA Group (PRAA) give a sense of how the business performed in the quarter ended June 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) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.91 per share a year ago.
PRA Group's (PRAA) second-quarter results are likely to reflect lower portfolio income and operating expenses.
NORFOLK, Va. , July 17, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2023 results after market close on Monday, August 7, 2023, followed by a webcast and conference call at 5 p.m.
NORFOLK, Va. , May 31, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the William Blair 43rd Annual Growth Stock Conference on Wednesday, June 7, 2023, at 11:20am CT.