OneMain Holdings Q2 2024 Adj. EPS $1.02 Beats $0.93 Estimate, Sales $915.000M Miss $948.582M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneMain Holdings (NYSE:OMF) reported Q2 2024 adjusted EPS of $1.02, beating the $0.93 estimate, but sales of $915 million missed the $948.582 million estimate.
July 31, 2024 | 10:50 am
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OneMain Holdings reported Q2 2024 adjusted EPS of $1.02, beating the $0.93 estimate, but sales of $915 million missed the $948.582 million estimate. This mixed result may lead to short-term volatility in the stock price.
The earnings beat is a positive sign, but the sales miss could concern investors. The mixed results are likely to cause short-term volatility in OMF's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100