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Pra Group (PRAA) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 10, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.53

Last Year’s EPS

1.08

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 1 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 07, 2026|

% Change Since:

Earnings Call Sentiment|Positive

Overall the call presented a positive operational and financial momentum: strong double-digit growth in cash collections and digital channels, significant adjusted EBITDA expansion (+14% LTM), improving leverage (net leverage ~2.7x) and disciplined, return-focused portfolio investing. Management acknowledged near-term tradeoffs — notably higher legal collection costs and modest increases in OpEx and interest expense — and flagged macro risks and charge-off trends. On balance, the company emphasized progress on its multiyear PRA 3.0 strategy (capital allocation, technology/AI modernization, and people), ample liquidity, and actionable plans to continue reducing leverage and improving returns.

Company Guidance

PRA's forward guidance emphasized disciplined capital deployment and margin improvement: a 12‑to‑18‑month replenishment rate of $1.0 billion and a stated target to invest roughly $1.0–$1.3 billion annually over the next few years if opportunities meet return thresholds, while driving net leverage lower from 2.71x at quarter end toward the mid‑2x area; ERC was $8.5 billion (up 10% YoY; U.S. 43%, Europe 51%), Q1 portfolio purchases were $221 million (U.S. $119M, Europe $92M, other $11M), cash collections grew 11% to $552M with digital collections +19% and U.S. legal collections +27% to $141M (legal = 53% of U.S. core collections), LTM adjusted EBITDA was $1.3 billion (up 14%), total committed capital was $3.1 billion with ~ $1.0 billion availability ($714M ERC‑based + $282M additional), no debt maturities until 2028 after refinancing the $730M European revolver to a 5‑year term, management expects FY‑2026 effective tax in the mid‑ to‑high‑20s, legal collection cost growth to moderate this year, and delivery of one global cloud and cloud‑based contact platform by year‑end.

Strong Cash Collections Growth

Global cash collections grew 11% year-over-year to $552 million in Q1 2026, driven by U.S. operational initiatives and broad-based strength in Europe.

Digital Channel Momentum

Global digital cash collections increased 19% year-over-year, supporting lower communication costs and contributing to improved cash efficiency.

U.S. Legal Collections Driving Results

U.S. legal cash collections rose 27% year-over-year to $141 million and legal represented 53% of U.S. core cash collections (up from 46% a year ago), reflecting investments and capability improvements in the legal channel.

Improved Cash Efficiency and Operating Leverage

Cash efficiency improved to 62% from 61% despite a $15 million increase in legal collection costs; adjusted EBITDA for the last 12 months grew 14% year-over-year to $1.3 billion, outpacing cash collections growth and reducing net leverage.

Net Income and Profitability Progress

Net income for Q1 was $28 million ($0.73 diluted EPS), up $25 million year-over-year, and management notes 4-quarter average profitability trending higher as core operations improve.

Disciplined Portfolio Investing

Q1 purchases totaled $221 million (U.S. $119M, Europe $92M, other $11M) consistent with return-focused discipline; $2.6 billion invested in new portfolios over the past 2 years including very high annual investment levels.

Expanded ERC and Diversification

Ending ERC was $8.5 billion, up 10% year-over-year, with geographic mix of ~43% U.S. and ~51% Europe, supporting diversification and resiliency across 18 markets.

Strong Funding and Capital Actions

Maintained $3.1 billion total committed capital with approximately $1.0 billion total availability; refinanced a $730 million European revolver with a new 5-year facility, and repurchased $10 million of shares in the quarter.

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
Aug 10, 2026	2026 (Q2)	0.53 / -	1.08	―	―	―
May 07, 2026	2026 (Q1)	0.09 / 0.73	0.09	711.11% (+0.64)
Feb 26, 2026	2025 (Q4)	0.49 / 1.46	0.47	210.64% (+0.99)
Nov 03, 2025	2025 (Q3)	0.37 / -10.43	0.69	-1611.59% (-11.12)
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)

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
May 07, 2026	$20.88	$19.18	-8.14%
Feb 26, 2026	$12.67	$15.75	+24.31%
Nov 03, 2025	$14.65	$13.04	-10.99%
Aug 04, 2025	$15.63	$15.56	-0.45%

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 Aug 10, 2026, After Close (Confirmed).

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

Pra Group Inc. (PRAA) earnings time is at Aug 10, 2026, 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 2026 (Q2) is 0.53.