PRA Group (PRAA) Q4 Earnings and Revenues Top Estimates

Financial Performance - PRA Group reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of$0.45 per share, compared to a loss of $0.22 per share a year ago, representing an earnings surprise of 4.44$293.23 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.95%, and up from $221.42 million year-over-year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$0.38 on revenues of $284.91 million, and for the current fiscal year, it is$2.01 on revenues of $1.17 billion [7] - The estimate revisions trend for PRA Group is mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which PRA Group belongs, is currently in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]