PRA Group Inc. Q3 Earnings Drop 24%

(RTTNews) - PRA Group Inc. (PRAA) released a profit for third quarter that declined compared to the same period last year.

The company said its earnings dropped to $31.65 million, or $0.68 per share. This was down from $41.44 million, or $0.85 per share, in last year's third quarter.

The company said revenue for the quarter fell 3.2% to $221.98 million. This was down from $229.43 million last year.

PRA Group Inc. earnings at a glance:

-Earnings (Q3): $31.65 Mln. vs. $41.44 Mln. last year. -Earnings Decline (Y-o-Y): -23.6% -EPS (Q3): $0.68 vs. $0.85 last year. -EPS Decline (Y-o-Y): -20.0% -Revenue (Q3): $221.98 Mln vs. $229.43 Mln last year. -Revenue Change (Y-o-Y): -3.2%