PRA Group Reports First Quarter 2020 Results

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PRA Group (PRAA) Tops Q1 EPS by 19c, Revenues Beat

May 7, 2020 4:58 PM EDT

PRA Group (NASDAQ: PRAA) reported Q1 EPS of $0.42, $0.19 better than the analyst estimate of $0.23. Revenue for the quarter came in at $251.78 million versus the consensus estimate of $241.6 million.

First Quarter Highlights

Record global cash collections of $494.6 million, an increase of 7%, or 9% on a currency adjusted basis, compared to the first quarter of 2019.Estimated Remaining... More