PRA Group: Fourth Quarter Earnings Overview
PRA Group Inc. Announces Fourth Quarter Financial Results
PRA Group Inc., headquartered in Norfolk, Virginia, revealed a net profit of $56.5 million for the fourth quarter, according to their latest financial statement.
Earnings translated to $1.46 per share during this period.
The company, which specializes in debt collection, generated $333.4 million in revenue for the quarter.
Looking at the full year, PRA Group reported a net loss of $305.1 million, or $7.79 per share, with total annual revenue reaching $1.2 billion.
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