NASDAQ$PRAA
Pra Group Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
PRA Group reported strong first quarter 2025 results, driven by increased portfolio purchases and double-digit cash collections growth.
PRA Group delivered a strong first quarter in 2025, with total portfolio purchases increasing by 18.7% year-over-year and record estimated remaining collections (ERC) of $7.8 billion. Total cash collections grew by 10.7% year-over-year, and the company achieved a cash efficiency ratio of 60.8%. Despite lower-than-modeled consumer tax refunds impacting profitability, the company is positioned for continued success with strategic initiatives and a new CEO.
- Total portfolio purchases increased by 18.7% year-over-year to $291.7 million.
- Estimated remaining collections (ERC) reached a record $7.8 billion, up 20.1% year-over-year.
- Total cash collections grew by 10.7% year-over-year to $497.4 million.
- Cash efficiency ratio improved by 284 basis points year-over-year to 60.8%.
Headline financials
Revenue & EPS history
Pra Group · Revenue · Quarterly
$270M
Revenue by segment
Pra Group · $205M total across 2 segments · Q2 2023
- Portfolio income$184M—89.7%
- Changes in expected recoveries$21.1M—10.3%
Forward guidance
The company is confident in its overall business trajectory and is well-positioned for continued growth, profitability, and shareholder value, with a new CEO bringing a successful European playbook to build on the global three-pillar strategy.
Tailwinds
- Confidence in the overall trajectory of the business.
- Well-positioned to execute on strategy to drive continued growth.
- Belief in continued profitability and shareholder value.
- New CEO Martin Sjolund brings 13 years of company experience and a successful European playbook.
- Focus on building on the global three-pillar strategy.
Headwinds
- Return on average tangible equity is likely to be at a lower level than the target of approximately 12%.
- Seasonality increases in first quarter U.S. cash collections, typically driven by consumer tax refunds, did not materialize as modeled, resulting in lower profitability compared to prior quarters.
- Financial targets, except for ROATE, are not being changed at this time, but will be reaffirmed, raised, or lowered in coming quarters.
- Forward-looking statements involve risks and uncertainties, and there is no assurance that anticipated events will transpire or that expectations will prove correct.
- The company assumes no obligation to publicly update or revise forward-looking statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
+0.5%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.2%
Avg return
30 days after
47%
32 / 68 earnings
Positive
+37.1%
Q1 2020
Best reaction
-31.0%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.1% | -29.6% | — | |
| Q4 2025 | +24.0% | +34.6% | +33.0% | |
| Q3 2025 | -11.1% | +0.7% | +17.6% | |
| Q1 2025 | -29.4% | -30.0% | -26.1% | |
| Q4 2024 | -4.2% | -6.0% | -13.9% | |
| Q3 2024 | +14.3% | +16.0% | -0.4% | |
| Q2 2024 | -10.3% | -5.3% | -7.5% | |
| Q1 2024 | +0.4% | +6.1% | -16.5% | |
| Q4 2023 | +21.6% | +13.3% | -0.8% | |
| Q3 2023 | +20.3% | +14.2% | +46.6% | |
| Q2 2023 | -0.6% | -7.1% | -12.1% | |
| Q1 2023 | -31.0% | -47.4% | -33.8% | |
| Q4 2022 | +5.8% | +5.5% | -5.2% | |
| Q3 2022 | -3.1% | +1.7% | +7.7% | |
| Q2 2022 | +2.3% | +2.3% | -4.8% | |
| Q1 2022 | -6.5% | -8.8% | -11.2% | |
| Q4 2021 | -2.2% | -2.0% | -1.7% | |
| Q3 2021 | -2.1% | -4.0% | -3.6% | |
| Q2 2021 | +9.6% | +6.7% | +10.2% | |
| Q1 2021 | +0.0% | -3.1% | +0.3% | |
| Q4 2020 | -2.1% | -2.5% | -1.0% | |
| Q3 2020 | -1.0% | +5.4% | +17.9% | |
| Q2 2020 | +5.7% | +6.9% | +7.3% | |
| Q1 2020 | +37.1% | +32.6% | +56.3% | |
| Q4 2019 | +10.6% | +8.2% | -20.3% | |
| Q3 2019 | +7.7% | +7.3% | +6.3% | |
| Q2 2019 | +11.8% | +12.3% | +16.4% | |
| Q1 2019 | +5.6% | +5.4% | +6.5% | |
| Q4 2018 | -3.8% | -6.8% | -16.1% | |
| Q3 2018 | -11.6% | -2.0% | -13.0% | |
| Q2 2018 | -8.6% | -5.7% | -7.2% | |
| Q1 2018 | +8.3% | +6.4% | +12.2% | |
| Q4 2017 | +8.7% | +10.4% | +7.8% | |
| Q3 2017 | +23.7% | +20.4% | +28.2% | |
| Q2 2017 | -11.5% | -17.7% | -26.8% | |
| Q1 2017 | +10.1% | +11.0% | +12.0% | |
| Q4 2016 | -14.2% | -17.2% | -21.1% | |
| Q3 2016 | -12.6% | +0.3% | +20.1% | |
| Q2 2016 | +6.8% | +0.7% | +20.7% | |
| Q1 2016 | -20.7% | — | — | |
| Q4 2015 | -15.9% | — | — | |
| Q3 2015 | -14.1% | — | — | |
| Q2 2015 | -10.0% | — | — | |
| Q1 2015 | +5.9% | — | — | |
| Q4 2014 | -0.7% | — | — | |
| Q3 2014 | -2.3% | — | — | |
| Q2 2014 | -6.2% | — | — | |
| Q1 2014 | -1.5% | — | — | |
| Q4 2013 | +16.7% | — | — | |
| Q3 2013 | -6.2% | — | — | |
| Q2 2013 | +5.6% | — | — | |
| Q1 2013 | +7.3% | — | — | |
| Q4 2012 | +6.9% | — | — | |
| Q3 2012 | +4.4% | — | — | |
| Q2 2012 | +18.0% | — | — | |
| Q1 2012 | +10.5% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2011 | -0.5% | — | — | |
| Q1 2010 | -11.0% | — | — | |
| Q2 2011 | -11.0% | — | — | |
| Q1 2011 | +1.7% | — | — | |
| Q4 2008 | +0.4% | — | — | |
| Q4 2010 | +0.4% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q3 2009 | +0.1% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q2 2009 | -1.0% | — | — | |
| Q4 2009 | -1.0% | — | — |
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