PRA Group, Inc. (NASDAQ:PRAA) Q4 2023 Earnings Call Transcript

Vikram Atal: Yes, so I think as we try to point out, right, the portfolio income line is sort of, locked in right, effectively as we buy stuff, Rakesh, right. And I think, to the extent that the initiatives we have create incremental value, right, that flows in as an uptick against that. So I think that’s — I would just reiterate the remarks we made in the script, right.

Rakesh Sehgal: Yes, Robert, that’s what I was mentioning earlier, right. You have the two line items. And so we do expect through old performance, for example, buzzes what our current curves are, as these initiatives come into play. We would expect cash overperformance and then to the extent we see some sustained improvement, we’ll make some decisions around the line item going forward.

Robert Dodd: Got it. Thank you.

Operator: [Operator Instructions] There are no further questions at this time. I will now hand the call over to Vik Atal, President and CEO. Please continue.

Vikram Atal: Thank you, everybody for joining us this evening and look forward to continuing our conversation through an exciting 2024.Thank you.

Operator: Ladies and gentlemen, this concludes today’s conference call. Thank you for your participation. You may now disconnect.