PRA Group, Inc (PRAA) Misses Q4 EPS by 18c
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PRA Group Reports Fourth Quarter and Full Year 2014 Results
March 2, 2015 4:00 PM ESTNORFOLK, Va., March 2, 2015 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq: PRAA), a global leader in acquiring defaulted receivables, today reported its financial results for the fourth quarter and full year 2014.
Fourth Quarter Highlights
Cash collections of $373.4 million, up 34% from the fourth quarter of 2013. Revenues of $250.7 million, up 36%. Income from operations of $109.9 million, up 40%. Net income of $47.0 million, up 3%. $0.93 diluted earnings per share, compared with $0.91 in the year-ago quarter, up 2%.    20.2% return on average equity, annualized. $314.2 million in investments."PRA Group continued to produce solid... More
