PRANASDAQ: PRAA

Global Financial Services Company Furthers Culture of Inclusivity During Pride Month NORFOLK, Va., June 27, 2024 /PRNewswire/ -- PRA Group, Inc.  (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, yesterday celebrated the launch of its Pride Alliance Employee Resource Group (ERG).

NORFOLK, Va. , May 22, 2024 /PRNewswire/ -- This month, PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, celebrated the launch of its ¡Hola!

Seasoned Acquisitions Leader Takes on Expanded Role within PRA Group NORFOLK, Va. , May 21, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Dr. Marcel Köchling as European Investments Officer, effective immediately.

Growing portfolio supply in the United States, coupled with pricing tailwinds and improvement in cash efficiency ratio, poise PRA Group (PRAA) well for growth.

PRA Group (PRAA) expects cash collections in 2024 to witness double-digit growth.

PRA Group, one of the largest global collection agencies, lost less than expected thanks to its work streamlining its U.S. operations. The company will likely see more loans available for purchase in 2024 if the economic headwinds continue.

PRA Group, Inc. (PRAA) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for PRA Group (PRAA) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

PRA Group's (PRAA) fourth-quarter results are likely to reflect lower cash collections from the Americas and Australia Core and higher legal collection and net interest expenses.