Janney Capital Downgrades Portfolio Recovery Associates (PRAA) to Neutral

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Go back to Janney Capital Downgrades Portfolio Recovery Associates (PRAA) to Neutral

PRA Group Reports Fourth Quarter and Full Year 2015 Results

February 25, 2016 4:06 PM EST

NORFOLK, Va., Feb. 25, 2016 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter and full year of 2015.  The company reported diluted earnings per share of $0.86 and non-GAAP diluted earnings per share of $1.03 for the fourth quarter of 2015. For the full year, the company reported diluted earnings per share of $3.47 and non-GAAP diluted earnings per share of $4.30.  Non-GAAP financial results are presented in constant currency with the third and fourth quarter of 2014 and exclude items unrelated to normal operations.... More