PRA Group (PRAA) Posts Q1 EPS of $1.02, Including Gain

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Go back to PRA Group (PRAA) Posts Q1 EPS of $1.02, Including Gain

PRA Group Reports First Quarter 2017 Results

May 9, 2017 4:10 PM EDT

NORFOLK, Va., May 09, 2017 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2017.  The company reported diluted earnings per share of $1.03 versus $0.69 in the first quarter of 2016, including the gain from the sale of the Companys Government Services business in the first quarter of 2017. 

First Quarter Highlights

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... More