{"schema_version":"secwatch.filing_event.v1","accession":"0001185348-26-000025","form_type":"8-K","ticker":"PRAA","cik":"0001185348","company_name":"PRA GROUP INC","filed_at":"2026-08-06T20:07:42+00:00","discovered_at":"2026-08-06T20:09:00.255357+00:00","generated_at":"2026-08-06T20:09:50.906032+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PRA Group Q2 net income $58M, EPS $1.51; European ERC up $349M; new $150M buyback","bullets":["Net income $58M ($1.51 diluted EPS); total cash collections $559M (+4% YoY); ERC $8.9B (+7%).","European ERC increased ~$349M after comprehensive review reflecting sustained overperformance; changes in expected recoveries $97M.","Portfolio purchases $297M; new $150M share repurchase program authorized Aug 3, 2026; $10M repurchased in Q2.","Operating expenses $219M (+$16M) driven by legal collection costs; compensation down $5M on cost actions.","Adjusted EBITDA (TTM) $1.4B (+10%); cash efficiency ratio 61%."],"urls":{"canonical":"https://secwatch.observer/filing/0001185348-26-000025","json":"https://secwatch.observer/filing/0001185348-26-000025.json","markdown":"https://secwatch.observer/filing/0001185348-26-000025.md","text":"https://secwatch.observer/filing/0001185348-26-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1185348/000118534826000025/0001185348-26-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1185348/000118534826000025/praa-20260806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T20:09:50.906032+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}