OneMain Holdings Q2 EPS $1.01 Misses $1.27 Estimate, Sales $873.00M Miss $936.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneMain Holdings (NYSE:OMF) reported Q2 earnings of $1.01 per share, missing the analyst consensus estimate of $1.27 by 20.47%. This is a 45.99% decrease from the same period last year. The company also reported quarterly sales of $873.00 million, missing the analyst consensus estimate of $936.75 million by 6.81%. This is a 1.58% decrease from the same period last year.
July 26, 2023 | 10:51 am
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OneMain Holdings reported lower than expected Q2 earnings and sales, with a significant YoY decrease in earnings per share.
OneMain Holdings reported a significant decrease in earnings per share YoY and missed analyst estimates for both earnings and sales. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100