Earnings Outlook For Ocwen Financial
Portfolio Pulse from Benzinga Insights
Ocwen Financial (NYSE:OCN) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $1.08. The company's past performance shows it beat EPS by $1.50 last quarter, leading to a 2.59% increase in share price. However, the stock has been down 32.03% over the last 52-week period.
November 06, 2023 | 9:01 pm
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Ocwen Financial is expected to report an EPS of $1.08 in its upcoming earnings. The company's stock price increased by 2.59% after it beat EPS estimates last quarter. However, the stock has been down 32.03% over the last year.
The upcoming earnings report is highly relevant to Ocwen Financial's stock. The company's past performance of beating EPS estimates has led to increases in its stock price. However, the overall negative trend in the stock's performance over the past year may temper any potential gains from a positive earnings report.
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