PRA Group (PRAA) reported earnings 30 days ago. What's next for the stock?
PRAA's Q1 results reflect an elevated expense level leading to a fall in net income, partly offset by strong cash collection across the United States and Europe.
PRA Group, Inc. (NASDAQ:PRAA ) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Najim Mostamand - VP, IR Vik Atal - President and CEO Rakesh Sehgal - EVP and CFO Martin Sjolund - President, Europe Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Operator Good evening and welcome to the PRA Group's First Quarter 2025 Conference Call. All participants will be in a listen-only mode.
PRA Group (PRAA) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.09 per share a year ago.
PRAA demonstrates long-term value generation from distressed debt purchases.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PRA Group (PRAA) reported earnings 30 days ago. What's next for the stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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.