PRAA Stock Recent News

PRA Group's (PRAA) Q1 results grapple with high expenses, lower portfolio income and a drop in cash collections.

PRA Group, Inc. (NASDAQ:PRAA ) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET Company Participants Najim Mostamand - Vice President of Investor Relations Vik Atal - President & Chief Executive Officer Pete Graham - Executive Vice President & Chief Financial Officer Conference Call Participants Bob Napoli - William Blair Robert Dodd - Raymond James Mark Hughes - Truist David Scharf - JMP Securities Operator Good evening, and welcome to the PRA Group's First Quarter 2023 Conference Call. All participants will be in a listen-only mode through the duration of the call.

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

The main business of PRA Group is the management, catalog, and acquisition of loans with no or negative yield. The company expects a significant amount of estimated remaining collections in 2023 and 2024, more than $1.4 billion in cash collections in 2023.

PRA Group's (PRAA) fourth-quarter results indicate a decline in other operating expenses as well as compensation and employee services, partly offset by reduced portfolio income.

PRA Group, Inc. (NASDAQ:PRAA ) Q4 2022 Results Conference Call February 27, 2023 5:00 PM ET Company Participants Najim Mostamand - Vice President of Investor Relations Kevin Stevenson - President & Chief Executive Officer Pete Graham - Executive Vice President & Chief Financial Officer Conference Call Participants Bob Napoli - William Blair David Scharf - JMP Securities Mark Hughes - Truist Robert Dodd - Raymond James Operator Good afternoon, and welcome to the PRA Group's Q4 2022 Conference Call. All participants will be in a listen-only mode.

PRA Group (PRAA) can reduce costs by diverting legal cash collections to in-house operators and boosting profits.

PRA Group's (PRAA) Europe revolving credit facility refinancing is expected to improve its balance sheet and capital position.

PRA Group's (PRAA) third-quarter results reflect lower operating expenses owing to a fall in compensation employee and services, partly offset by weak portfolio income.

PRA Group, Inc. (NASDAQ:PRAA ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Najim Mostamand - Vice President of Investor Relations Kevin Stevenson - President & Chief Executive Officer Pete Graham - Executive Vice President & Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the PRA Group's Third Quarter 2022 Conference Call. All participants will be in a listen-only mode.