PRA Group Inc. Announces Gain In Q2 Earnings

PRA Group Inc. (PRAA) revealed a profit for its second quarter that increased from last year.

The company’s earnings totaled $19.59 million, or $0.43 per share. This compares with $11.67 million, or $0.25 per share, in last year’s second quarter.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 8.8% to $221.52 million from $203.65 million last year.

PRA Group Inc. earnings at a glance:

-Earnings (Q2): $19.59 Mln. vs. $11.67 Mln. last year.
-EPS (Q2): $0.43 vs. $0.25 last year.
-Analysts Estimate: $0.43
-Revenue (Q2): $221.52 Mln vs. $203.65 Mln last year.

by RTTNews Staff Writer

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