PRA Group (PRAA) Tops Q1 EPS by 19c, Revenues Beat
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PRA Group Reports First Quarter 2020 Results
May 7, 2020 4:06 PM EDTNORFOLK, Va., May 7, 2020 /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 2020. Net income attributable to PRA Group, Inc. was $19.1 million compared to $15.2 million in the first quarter of 2019. Diluted earnings per share were $0.42 compared to $0.34 in the first quarter of 2019. Â
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... More