PRA Group to Announce First Quarter 2023 Results on May 8

Rhea-AI Summary

PRA Group (NASDAQ: PRAA) has announced that it will report its first quarter 2023 results on May 8, 2023, after market close. Following the report, there will be a webcast and conference call at 5 p.m. E.T. Interested parties can access the call by dialing 844-835-9982 in the U.S. or 412-317-5267 internationally. Additionally, a replay of the call will be available until May 15, 2023.

The company is also scheduled to report its second quarter 2023 results on August 7, 2023. PRA Group focuses on acquiring and collecting nonperforming loans, providing capital back to creditors to enhance financial services for consumers across Americas, Europe, and Australia.

Positive

• Scheduled reporting of Q1 2023 results indicates transparency and commitment to shareholder communication.
• PRA Group's business model in acquiring nonperforming loans provides a critical service to financial institutions, potentially enhancing revenue streams.

Negative

• None.

News Market Reaction – PRAA

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In the trading session that priced this news, PRAA declined 3.76%, reflecting a moderate negative market reaction.

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NORFOLK, Va., April 17, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2023 results after market close on Monday, May 8, 2023, followed by a webcast and conference call at 5 p.m. E.T.

To listen to PRA Group's webcast and view the corresponding slides, visit https://ir.pragroup.com/events-and-presentations.  To listen by phone on May 8, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call.  To listen to a replay of the call, either visit the same website until May 8, 2024, or call 877-344-7529 in the U.S. or 412-317-0088 outside the U.S. and use access code 1921134 until May 15, 2023. 

The Company currently plans to report second quarter 2023 results after market close on Monday, August 7, 2023. 

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group, Inc. companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.

Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
(757) 431-7913
IR@PRAGroup.com

Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 431-3398
Elizabeth.Kersey@PRAGroup.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/pra-group-to-announce-first-quarter-2023-results-on-may-8-301799033.html

SOURCE PRA Group

FAQ

When will PRA Group announce its first quarter 2023 results?

PRA Group will announce its first quarter 2023 results on May 8, 2023.

What time is the PRA Group conference call on May 8, 2023?

The conference call will take place at 5 p.m. E.T. on May 8, 2023.

How can I listen to the PRA Group conference call?

You can listen by calling 844-835-9982 in the U.S. or 412-317-5267 internationally.

What is PRA Group's business focus?

PRA Group focuses on acquiring and collecting nonperforming loans globally.

When will PRA Group report its second quarter 2023 results?

PRA Group plans to report its second quarter 2023 results on August 7, 2023.