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Dec 31, 2020
Pra Group Q4 2020 Earnings Report
Net income attributable to PRA Group, Inc. increased and diluted earnings per share increased.
Key Takeaways
PRA Group, Inc. reported a 9% increase in net income attributable to PRA Group, Inc. to $29.8 million compared to Q4 2019. Diluted earnings per share were $0.65 compared to $0.60 in Q4 2019. Total cash collections increased 6% to $481.9 million. Total revenues increased 2% to $273.9 million.
Total cash collections increased 6% to $481.9 million on a reported basis and a constant currency adjusted basis.
Total revenues increased 2% to $273.9 million.
Income from operations increased 26% to $89.2 million.
Diluted earnings per share increased 8% to $0.65.
Revenue by Segment
Forward Guidance
PRA Group entered 2021 with a similar base of maximum forward flow commitments as 2020, but they expect they will deliver more actual investment volume. They believe that the pipeline for 2021 is strong, particularly in Europe, and they remain optimistic about supply globally.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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