PRA Group (PRAA) Surpasses Q3 Earnings and Revenue Estimates
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PRA Group (PRAA) reported Q3 earnings of $0.49 per share, surpassing the Zacks Consensus Estimate of $0.34 per share, and showing a significant improvement from a loss of $0.31 per share a year ago.
November 05, 2024 | 12:30 pm
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PRA Group (PRAA) reported better-than-expected Q3 earnings of $0.49 per share, exceeding the Zacks Consensus Estimate of $0.34. This marks a significant turnaround from a loss of $0.31 per share a year ago.
PRA Group's earnings exceeded expectations, which is likely to positively impact its stock price in the short term. The significant improvement from a loss to a profit indicates strong performance and could boost investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100