The earnings call highlighted strong performance in ERC growth, legal channel cash collections, and strategic gains from the sale in Brazil. However, there were challenges including slight declines in U.S. purchase price multiples, increased operating expenses, and adjustments in U.S. vintage forecasts. Despite these challenges, the overall sentiment remains cautiously optimistic with a focus on operational execution and cost management.

Company Guidance -

Q3 2025

During the PRA Group's Second Quarter 2025 Conference Call, several key metrics and guidance points were outlined. The company reported purchasing $347 million in portfolios during the quarter, with $199 million from the Americas and $147 million from Europe. The purchase price multiple was 2.14x for Americas Core and 1.82x for Europe Core. Cash collections reached $536 million, a 13% increase from the previous year, driven by higher portfolio purchases and enhanced U.S. legal channel investments. The company achieved a record $8.3 billion in Estimated Remaining Collections (ERC), representing a 22% year-over-year increase. Net income attributable to PRA was $42 million, or $1.08 per diluted share, which included a $30 million after-tax gain from a sale in Brazil. Adjusted EBITDA grew 20%, and the net debt to adjusted EBITDA ratio was 2.81x. The company aims for a cash collections growth target of high-single digits and a cash efficiency target of over 60% for the full year.

Record ERC Growth

ERC reached a new record of $8.3 billion at the end of Q2, up 22% year-over-year and 6% sequentially, driven by strong portfolio purchases.

Significant Legal Channel Performance

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

Successful Sale in Brazil

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.

Strong Portfolio Revenue and Income

Total portfolio revenue was $284 million for the quarter, with portfolio income up 20% at $251 million, driven by increased portfolio investments.

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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