PRA Group (PRAA) Tops Q3 EPS by 9c, Revenues Miss

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PRA Group Reports Third Quarter 2019 Results

November 7, 2019 4:05 PM EST

NORFOLK, Va., Nov. 7, 2019 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2019.  Net income attributable to PRA Group, Inc. was $25.0 million compared to $9.9 million in the third quarter of 2018. Diluted earnings per share were $0.55 compared to $0.22 in the third quarter of 2018.  For the nine months ended September 30, 2019, net income attributable to PRA Group, Inc. was $58.8 million, or diluted earnings per share of $1.29, compared to $50.6 million, or diluted earnings per share of $1.11, for the same period in... More