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Pra Group Inc. (PRAA)
NASDAQ:PRAA
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.44Last Year’s EPS
0.54Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: -22.71%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong operational performance with record ERC and cash collection growth. However, the company faced challenges with lower net income and cash collections below expectations in the U.S., despite overall positive trends in portfolio purchases and EBITDA growth.Company Guidance
During the PRA Group's First Quarter 2025 Conference Call, several key metrics were highlighted, reflecting the company's strong financial performance and strategic progress. Portfolio purchases grew by 19%, with $292 million purchased during the quarter. The company achieved a record Estimated Remaining Collections (ERC) of $7.8 billion, marking a 20% year-over-year increase. Cash collections rose by 11% to $497 million, with U.S. core cash collections up 20%. The cash efficiency ratio improved by nearly 300 basis points to 61%. Adjusted EBITDA saw a 13% growth over the trailing 12 months, marking the seventh consecutive quarter of growth. The PRA Group's debt-to-adjusted EBITDA ratio stood at 2.93 times. Operating expenses were $195 million, up 3% from the prior year, while net income attributable to PRA was $4 million, yielding $0.09 in diluted earnings per share. Despite a moderated level of changes in expected recoveries, the company maintained profitability and continued to execute on its strategic pillars focusing on optimizing investments, operational execution, and managing expenses.Strong Portfolio Purchases
The company purchased $292 million of portfolios during the quarter, with $161 million in the U.S. and $113 million in Europe, reflecting strong buying and investment levels.
Record Estimated Remaining Collections (ERC)
The ERC grew to a record $7.8 billion at the end of the quarter, up 20% year-over-year and 5% sequentially.
Cash Collections Growth
Global cash collections were $497 million, up 11% from the prior year, with U.S. core cash collections up 20% year-over-year.
Adjusted EBITDA Growth
Trailing 12 months adjusted EBITDA grew by 13%, marking the seventh consecutive quarter of growth.
Improved Cash Efficiency
Cash efficiency ratio increased to 61%, up from 58% in the prior year period, reflecting operational improvements.
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PRAA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PRAA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | $19.20 | $13.57 | -29.32% |
Feb 19, 2025 | $23.66 | $22.67 | -4.18% |
Nov 04, 2024 | $20.56 | $23.83 | +15.90% |
Aug 05, 2024 | $23.24 | $21.18 | -8.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pra Group Inc. (PRAA) report earnings?
Pra Group Inc. (PRAA) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Pra Group Inc. (PRAA) earnings time?
Pra Group Inc. (PRAA) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRAA EPS forecast?
PRAA EPS forecast for the fiscal quarter 2025 (Q2) is 0.44.
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