The earnings call reflected a positive outlook with strong performance in cash collections, record ERC, and gains from strategic sales. However, challenges remain with increased operating expenses and adjustments in expected recoveries.

Company Guidance

During the PRA Group's Q2 2025 conference call, the company provided key financial metrics and future guidance. They reported purchasing $347 million in portfolios, with $199 million in the Americas and $147 million in Europe, leading to an ERC record of $8.3 billion, up 22% year-over-year. The company achieved cash collections of $536 million, marking a 13% increase from the prior year. The U.S. legal cash collections grew by 24% year-over-year. Portfolio income rose by 20% to $251 million, driven by higher investment levels and purchase price multiples, which were 2.14x in the Americas and 1.82x in Europe. They expect to meet their 2025 purchase target of $1.2 billion and maintain a cash efficiency target of over 60%. The net leverage was reported at 2.81x, and they have ample funding capacity, with no debt maturities until 2027. The company is also focusing on restructuring U.S. operations, modernizing their IT platform, and reviewing overhead costs to improve efficiency and financial performance.

Record ERC Achievement

The company grew its Estimated Remaining Collections (ERC) to a record of $8.3 billion at the end of Q2 2025, up 22% year-over-year and 6% sequentially.

Strong Cash Collections Growth

Cash collections for the quarter were $536 million, up 13% from the prior year period, driven by higher levels of recent portfolio purchases and investments in the U.S. legal channel.

Brazil Sale Generates Significant Gain

Completed the sale of equity interest in RCB in Brazil, generating a $30 million after-tax gain while maintaining portfolios and operations in the market.

Improved Legal Channel Performance

Q2 U.S. legal cash collections grew 24% year-over-year to $119 million, indicating strong performance from investments in the legal channel.

Reorganized U.S. Operations

Reorganized U.S. operations to create a more focused operational team, expected to result in more accountability and faster decision-making.

Pra Group (PRAA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PRAA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	0.37 / -	0.69	―	―	―
Aug 04, 2025	2025 (Q2)	0.44 / 1.08	0.54	100.00% (+0.54)
May 05, 2025	2025 (Q1)	0.44 / 0.09	0.09	0.00% (0.00)
Feb 19, 2025	2024 (Q4)	0.44 / 0.47	-0.22	313.64% (+0.69)
Nov 04, 2024	2024 (Q3)	0.32 / 0.69	-0.31	322.58% (+1.00)
Aug 05, 2024	2024 (Q2)	0.08 / 0.54	-0.1	640.00% (+0.64)
May 06, 2024	2024 (Q1)	-0.05 / 0.09	-1.5	106.00% (+1.59)
Feb 15, 2024	2023 (Q4)	-0.37 / -0.22	0.41	-153.66% (-0.63)
Nov 06, 2023	2023 (Q3)	-0.37 / -0.31	0.63	-149.21% (-0.94)
Aug 07, 2023	2023 (Q2)	-0.14 / -0.10	0.91	-110.99% (-1.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PRAA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$15.63	$15.56	-0.45%
May 05, 2025	$19.20	$13.57	-29.32%
Feb 19, 2025	$23.66	$22.67	-4.18%
Nov 04, 2024	$20.56	$23.83	+15.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pra Group Inc. (PRAA) report earnings?

Pra Group Inc. (PRAA) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is Pra Group Inc. (PRAA) earnings time?

Pra Group Inc. (PRAA) earnings time is at Nov 03, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PRAA EPS forecast?

PRAA EPS forecast for the fiscal quarter 2025 (Q3) is 0.37.

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