OneMain Holdings Q1 2024 Adj EPS $1.45 Beats $1.39 Estimate, Sales $1.20B Beat $1.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
OneMain Holdings (OMF) reported Q1 2024 adjusted EPS of $1.45, surpassing the $1.39 estimate, with sales of $1.20B exceeding the $1.01B forecast. This represents a 40.35% increase in sales compared to the same period last year.
April 30, 2024 | 10:46 am
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POSITIVE IMPACT
OneMain Holdings reported a significant beat on both EPS and sales estimates for Q1 2024, with a notable year-over-year sales growth.
Beating both EPS and sales estimates significantly, especially with a substantial year-over-year sales increase, is likely to be viewed positively by investors. This performance could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100