PRA Group Reports First Quarter 2021 Results

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Go back to PRA Group Reports First Quarter 2021 Results

PRA Group (PRAA) Tops Q1 EPS by 52c, Revenues Beat

May 6, 2021 5:30 PM EDT

PRA Group (NASDAQ: PRAA) reported Q1 EPS of $1.27, $0.52 better than the analyst estimate of $0.75. Revenue for the quarter came in at $289.5 million versus the consensus estimate of $272.58 million.

First Quarter Highlights (compared to the first quarter of 2020, unless otherwise indicated)

Record total cash collections which increased 12% to $555.9 million.Record total revenues which increased 15% to $289.5 million.Income from operations increased 83% to $110.8... More