PRA Group Q3 net income $24.7M ($0.63 EPS); cash collections down 15.6% YoY

PRA GROUP INC

2022-Q3 EPS reported $2.52 revenue$743,674,000

Diluted EPS $0.63 vs $0.76 in Q3 2021; net income $24.7M, down 28%.
Total cash collections $412.3M, down 15.6% (or 10.7% constant currency) from $488.4M a year ago.
Portfolio purchases $183.1M, down from $391.9M Q3 2021; forward flow commitments $1.0B.
U.S. call center collections fell 29.3% due to lower purchases; Europe cash collections up 4.2% constant currency.
Repurchased $25M of common stock (0.7M shares); $67.7M remaining under buyback plan.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.6

PRA GROUP INC reported the third quarter of 2022 results: EPS $0.63.

Period: the third quarter of 2022
EPS: $0.63
Result: reported results

Exact text from the filing

• Diluted earnings per share were $0.63. • Common stock repurchases 3 of $25.0 million, or 0.7 million shares. • Debt to Adjusted EBITDA 4 for the 12 months ended September 30, 2022 was 2.04x.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

PRA GROUP INC filing history →

Source: SEC EDGAR

accession 0001185348-22-000029

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.