NORFOLK, Va. (AP) _ PRA Group Inc. (PRAA) on Thursday reported third-quarter net income of $24.7 million.

The Norfolk, Virginia-based company said it had profit of 63 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The debt collector posted revenue of $244.8 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $227.6 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRAA at https://www.zacks.com/ap/PRAA

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News