OneMain Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

• OneMain Holdings Inc OMF.N reported quarterly adjusted earnings of $1.26​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.57. The mean expectation of fourteen analysts for the quarter was for earnings of $1.14 per share. Wall Street expected results to range from 87 cents to $1.30 per share.

• Revenue rose 8.9% to $981.00 million from a year ago; analysts expected $1.06 billion.

• OneMain Holdings Inc's reported EPS for the quarter was $1.31​.

• The company reported quarterly net income of $157 million.

• OneMain Holdings Inc shares had risen by 0.9% this quarter and lost 3.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.7% in the last three months.​

• In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the consumer lending peer group is also "buy"

Wall Street's median 12-month price target for OneMain Holdings Inc is 57.00

This summary was machine generated from LSEG data October 30 at 03:11 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)