PRA Group Inc reports results for the quarter ended September 30 - Earnings Summary

• PRA Group Inc PRAA.OQ reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of four analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 9 cents to 67 cents per share.

• Revenue rose 10.5% to $311.14 million from a year ago; analysts expected $295.77 million.

• PRA Group Inc's reported EPS for the quarter was a loss of $10.43​.

• The company reported a quarterly loss of $407.7 million.

• PRA Group Inc shares had fallen by 11.2% this quarter and lost 34.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the corporate financial services peer group is also "buy"

• Wall Street's median 12-month price target for PRA Group Inc is $24.00, about 42.9% above its last closing price of $13.71

This summary was machine generated from LSEG data November 3 at 10:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)