NASDAQ$PRAA

Pra Group Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Net income attributable to PRA Group, Inc. increased and diluted earnings per share increased.

PRA Group, Inc. reported a 9% increase in net income attributable to PRA Group, Inc. to $29.8 million compared to Q4 2019. Diluted earnings per share were $0.65 compared to $0.60 in Q4 2019. Total cash collections increased 6% to $481.9 million. Total revenues increased 2% to $273.9 million.

  • Total cash collections increased 6% to $481.9 million on a reported basis and a constant currency adjusted basis.
  • Total revenues increased 2% to $273.9 million.
  • Income from operations increased 26% to $89.2 million.
  • Diluted earnings per share increased 8% to $0.65.

Headline financials

Total Revenue

$274M

Previous: $269M+1.8%
EPS (adj)

$0.65

Previous: $0.60+8.3%
Cash efficiency ratio

61.9%

Previous: 59.7%+3.7%
Capital Expenditures

$4.32M

Previous: $3.14M+37.6%
Free Cash Flow

$6.02M

Previous: $59.6M-89.9%
Net Income

$36.6M

Previous: $31M+18.2%
Operating Income

$89.2M

Previous: $70.8M+26.0%
Gross Profit

$176M

Previous: $158M+11.4%
Cash & Equivalents

$109M

Previous: $120M-9.3%
Total Assets

$4.45B

Previous: $4.42B+0.7%
Stock-Based Comp

$5.37M

Previous: $2.81M+91.2%

Revenue & EPS history

Pra Group · Revenue · Quarterly

$274M

Q4 2020+1.8%vs Q4 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Pra Group · $234M total across 2 segments · Q4 2020

  • Portfolio income
    $233M
  • Other revenue
    $545K

Forward guidance

PRA Group entered 2021 with a similar base of maximum forward flow commitments as 2020, but they expect they will deliver more actual investment volume. They believe that the pipeline for 2021 is strong, particularly in Europe, and they remain optimistic about supply globally.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.5%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.6%

Avg return

30 days after

47%

32 / 68 earnings

Positive

+37.1%

Q1 2020

Best reaction

-31.0%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.1%-29.6%-23.3%
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 2009+0.1%
Q3 2010+0.1%
Q4 2009-1.0%
Q2 2009-1.0%
Q2 2010-1.0%

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