PRA Group (PRAA) Posts Q1 EPS of $1.02, Including Gain
PRA Group (NASDAQ: PRAA) reported Q1 EPS of $1.03, including a gain, which does not compare to the analyst estimate of $0.45. Revenue for the quarter came in at $206.6 million versus the consensus estimate of $199.23 million.
- Estimated remaining collections of $5.1 billion.
- Cash collections of $379.8 million.
- Total revenues of $206.6 million.
- Income from operations of $53.3 million.
- Net income of $48.2 million.
- Portfolio acquisitions of $227.8 million.
- Gain on sale of the Government Services business was $46.8 million pre-tax and excludes an additional $2.1 million in expenses associated with the sale in operating expenses.
For earnings history and earnings-related data on PRA Group (PRAA) click here.
