PRA Group (PRAA) Tops Q1 EPS by 1c
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PRA Group Reports First Quarter 2019 Results
May 9, 2019 4:05 PM EDTNORFOLK, Va., May 9, 2019 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2019. Net income attributable to PRA Group, Inc. was $15.2 million compared to $21.1 million in the first quarter of 2018. Diluted earnings per share were $0.34 compared to $0.47 in the first quarter of 2018. Â
First Quarter Highlights
Record global cash collections of $461.2 million, an increase of 8%, or 11% on a currency adjusted basis, compared to the first quarter of... More