Portfolio Recovery Associates Inc. (NASDAQ:PRAA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 7.14% to $2.10 in the quarter versus EPS of $1.54 in the year-earlier quarter. Revenue rose 30.66% to $154.3 million from the year-earlier quarter.
Portfolio Recovery Associates Inc. reported adjusted EPS income of $2.10 per share. By that measure, the company beat the mean analyst estimate of $1.99. It beat the average revenue estimate of $147.79 million.