PRA Group Q2 2024 GAAP EPS $0.54 Beats $0.08 Estimate, Sales $284.229M Beat $245.037M Estimate
Portfolio Pulse from Benzinga Newsdesk
PRA Group (NASDAQ:PRAA) reported Q2 2024 GAAP EPS of $0.54, significantly beating the analyst estimate of $0.08. The company also reported sales of $284.229 million, surpassing the $245.037 million estimate and marking a 35.84% increase from the same period last year.
August 05, 2024 | 8:17 pm
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PRA Group (NASDAQ:PRAA) reported Q2 2024 GAAP EPS of $0.54, significantly beating the analyst estimate of $0.08. The company also reported sales of $284.229 million, surpassing the $245.037 million estimate and marking a 35.84% increase from the same period last year.
PRA Group's significant earnings and revenue beats, along with a substantial year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100