For the quarter ended December 2023, PRA Group (PRAA - Free Report) reported revenue of $221.42 million, down 0.6% over the same period last year. EPS came in at -$0.22, compared to $0.41 in the year-ago quarter.
The reported revenue represents a surprise of +5.28% over the Zacks Consensus Estimate of $210.31 million. With the consensus EPS estimate being -$0.35, the EPS surprise was +37.14%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how PRA Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Cash Collections by Geography- Total Cash Collections: $410.28 million compared to the $416.74 million average estimate based on three analysts. The reported number represents a change of +4.8% year over year.
- Revenues- Other revenue: $4.03 million versus the three-analyst average estimate of $4.22 million. The reported number represents a year-over-year change of +4.8%.
- Revenues- Portfolio income: $194.64 million versus the two-analyst average estimate of $194.25 million. The reported number represents a year-over-year change of +5.3%.
- Revenues- Changes in expected recoveries: $22.75 million versus the two-analyst average estimate of $18.58 million. The reported number represents a year-over-year change of -33.3%.
View all Key Company Metrics for PRA Group here>>>Shares of PRA Group have returned +3.9% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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It’s an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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For the quarter ended December 2023, PRA Group (PRAA - Free Report) reported revenue of $221.42 million, down 0.6% over the same period last year. EPS came in at -$0.22, compared to $0.41 in the year-ago quarter.
The reported revenue represents a surprise of +5.28% over the Zacks Consensus Estimate of $210.31 million. With the consensus EPS estimate being -$0.35, the EPS surprise was +37.14%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how PRA Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Cash Collections by Geography- Total Cash Collections: $410.28 million compared to the $416.74 million average estimate based on three analysts. The reported number represents a change of +4.8% year over year.
- Revenues- Other revenue: $4.03 million versus the three-analyst average estimate of $4.22 million. The reported number represents a year-over-year change of +4.8%.
- Revenues- Portfolio income: $194.64 million versus the two-analyst average estimate of $194.25 million. The reported number represents a year-over-year change of +5.3%.
- Revenues- Changes in expected recoveries: $22.75 million versus the two-analyst average estimate of $18.58 million. The reported number represents a year-over-year change of -33.3%.
View all Key Company Metrics for PRA Group here>>>Shares of PRA Group have returned +3.9% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
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