earnings
confidence high
sentiment negative
materiality 0.75
PRA Group Q3 net loss $408M on $413M goodwill impairment; adjusted EPS $0.53
PRA GROUP INC
2025-Q3 EPS reported
-$9.20
revenue$868,447,000
- Net loss $407.7M ($10.43 diluted EPS) including $412.6M non-cash goodwill impairment; adjusted net income $20.9M ($0.53 diluted EPS).
- Total cash collections $542.2M, up 13.7% YoY; record ERC of $8.4B, up 15.2%.
- Portfolio purchases $255.5M in Q3; on track for $1.2B full-year target.
- U.S. legal cash collections rose 27% YoY; European business outperformed cash collection expectations by 11% YTD.
- CEO Martin Sjolund highlighted progress on U.S. cost efficiency, operations reorganization, and IT modernization.
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