PRA Group, Inc. (NASDAQ:PRAA ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vik Atal - President and CEO Rakesh Sehgal - Executive Vice President and CFO Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Robert Dodd - Raymond James John Rowan - Janney Operator Good evening. And welcome to the PRA Group's Fourth Quarter and Full Year 2024 Conference Call.
PRA Group (PRAA) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to loss of $0.22 per share a year ago.
PRAA's fourth-quarter results are likely to reflect growing cash collections and higher portfolio income.
PRAA remains well-poised for growth, attributable to improved purchase volumes, portfolio acquisitions and increased cash collections.
PRA Group: Rebuilding Credibility And Still Undervalued
Investors need to pay close attention to PRA Group (PRAA) stock based on the movements in the options market lately.
PRAA's third-quarter results benefit from strong cash collection and portfolio income growth. Higher expenses partially offset the positives.
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PRA Group, Inc. (NASDAQ:PRAA ) Q3 2024 Results Conference Call November 4, 2024 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vik Atal - President and Chief Executive Officer Rakesh Sehgal - Executive Vice President and Chief Financial Officer Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Robert Dodd - Raymond James Operator Good evening and welcome the PRA Group Third Quarter 2024 Conference Call. All participants will be in a listen-only mode.
PRA Group (PRAA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.31 per share a year ago.
PRAA's third-quarter results are likely to reflect growing cash collections and higher portfolio income.
Say what you want to say about collections, PRA is making huge profits for investors that continue to grow.