secwatch.observer — SEC 8-K summary
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Issuer:     PRA GROUP INC (PRAA)
CIK:        0001185348
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001185348-23-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PRA Group Q4 EPS $0.41 vs $0.79 YoY; cash collections down 17.3%
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- Q4 net income $15.96M, diluted EPS $0.41; full-year EPS $2.94 vs $4.04 in 2021.
- Total cash collections $391.7M in Q4, down 17.3% YoY (13.2% constant currency).
- Portfolio purchases $288.1M in Q4, highest since Q3 2021; full-year $850.0M.
- Europe cash collections set annual record on constant currency basis.
- Debt to Adjusted EBITDA 2.25x; $99.4M in share repurchases during 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1185348/000118534823000005/0001185348-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1185348/000118534823000005/praa-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001185348-23-000005

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