Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2025 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number: 000-50058 PRA Group, Inc. (Exact name of registrant as specified in its charter) Delaware 75-3078675 (State or other jurisdicti ...

Shares of PRA Group, Inc. (PRAA) declined 30.8% since it reported first-quarter 2025 results on May 5. The quarterly results suffered due to rising operating costs attributed to higher legal collection costs and fees. A 60.2% plunge in other revenues also hurt the results. Nevertheless, the downside was partly offset by improved cash collections and higher portfolio income.PRAA reported earnings per share of nine cents, which lagged the Zacks Consensus Estimate by 78.1%. The bottom line remained flat year o ...

Core Insights - PRA Group reported quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.41 per share, representing an earnings surprise of -78.05% [1] - The company posted revenues of $269.62 million for the quarter, missing the Zacks Consensus Estimate by 4.61%, compared to year-ago revenues of $255.59 million [2] - PRA Group shares have declined approximately 7.6% since the beginning of the year, underperforming the S&P 500's decline of -3.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $290.32 million, and for the current fiscal year, it is $2.26 on revenues of $1.17 billion [7] - The estimate revisions trend for PRA Group is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Financial - Miscellaneous Services industry, to which PRA Group belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Upstart Holdings, is expected to report quarterly earnings of $0.19 per share, reflecting a year-over-year change of +161.3% [9]

PRA Group (PRAA) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Najim Mostamand - Vice President and Investor RelationsVikram Atal - President and CEOMartin Sjolund - President - PRA Group EuropeRakesh Sehgal - Executive VP & CFOHeli Sheth - Equity Research Associate Conference Call Participants David Scharf - AnalystMark Hughes - Analyst Operator Good evening, and welcome to PRA Group's First Quarter twenty twenty five Conference Call. All participants will be in a listen only mode. Af ...

PRA Group Q1 2025 Conference Call Presentation Nasdaq: PRAA Forward-Looking Statements 1 Nasdaq: PRAA Q1 2025 Highlights Started 2025 with Momentum and Delivered Strong Results | Metric ($ in M, except per share amounts) | Q1 2025 | Q1 2024 | Change | | --- | --- | --- | --- | | Portfolio Purchases | $292 | $246 | +19% | | ERC1 | $7,805 | $6,498 | +20% | | Cash Collections | $497 | $450 | +11% | | Cash Efficiency Ratio2 | 60.8% | 58.0% | +284 bps | | Changes in Expected Recoveries | $28 | $52 | (46%) | | Ne ...

PRA Group (PRAA) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good evening, and welcome to PRA Group's First Quarter twenty twenty five Conference Call. All participants will be in a listen only mode. After today's presentation, there will be opportunity to ask questions. To ask a question, you may press star then the number 1 on your touch tone phone. To withdraw your question, please press star then the number 2. Please note this event is being recorded. I would now like to Speaker1 hand the I ...

PRA Group Reports First Quarter 2025 Results 19% Growth in Portfolio Purchases Drives Record ERC of $7.8 Billion Strong Portfolio Purchases and Execution of Strategic Initiatives Contributed to Double-Digit Cash Collections Growth "We are confident in the overall trajectory of the business and, at this time, we are not changing our previously provided financial targets, except for the return on average tangible equity, which is likely to be at a lower level than our target of approximately 12%. As we move t ...

19% Growth in Portfolio Purchases Drives Record ERC of $7.8 BillionStrong Portfolio Purchases and Execution of Strategic Initiatives Contributed to Double-Digit Cash Collections GrowthCompany Positioned for Continued Success with Transition to Newly Appointed CEONORFOLK, Va., May 5, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2025 ("Q1 2025").Q1 2025 Highlig ...

NORFOLK, Va., April 21, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2025 results after market close on Monday, May 5, 2025, followed by a webcast and conference call at 5 p.m. E.T.To listen to PRA Group's webcast and view the corresponding slides, visit https://ir.pragroup.com/events-and-presentations. To listen by phone on May 5, call 646-357-8785 in the U.S. or 1-800-836-8184 outside the U.S. and ask fo ...

PRA Group, Inc. (PRAA) is strategically positioned to grow in collecting debts. It expanded its services beyond debt collection, working for the government and giving audit services. Although PRAA has declined 4.9% in the past month, it shed less value than the industry average of an 11.5% fall.PRA Group — with a market cap of $708.8 million — is a global finance and business service company based in Norfolk, VA. It acquires and collects non-performing loans and debt. The company has a growing network in th ...