PRA Group Reports Fourth Quarter and Full Year 2019 Results

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PRA Group (PRAA) Tops Q4 EPS by 11c, Revenues Beat

February 27, 2020 4:25 PM EST

PRA Group (NASDAQ: PRAA) reported Q4 EPS of $0.60, $0.11 better than the analyst estimate of $0.49. Revenue for the quarter came in at $269.13 million versus the consensus estimate of $251.98 million.

Fourth Quarter Highlights

Global cash collections of $456.6 million, an increase of 13%, or 14% on a currency adjusted basis, compared to the fourth quarter of 2018.Record Estimated Remaining Collections (ERC) of $6.8... More