PRA Group (PRAA) Reports In-Line Q2 EPS

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PRA Group Reports Second Quarter 2016 Results

August 8, 2016 4:07 PM EDT

NORFOLK, Va., Aug. 08, 2016 (GLOBE NEWSWIRE) -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2016.  The company reported diluted earnings per share of $0.79 versus $1.06 in the second quarter of 2015 and non-GAAP diluted earnings per share of $0.83 for the second quarter of 2016 compared to $1.08 for the year-ago quarter. Non-GAAP financial results are presented in constant currency with the second quarter of 2015 and exclude items unrelated to normal operations.  A reconciliation of all non-GAAP financial measures to the most... More