OneMain: Q4 Earnings Snapshot
EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — OneMain Holdings Inc. (OMF) on Friday reported fourth-quarter earnings of $126 million.
On a per-share basis, the Evansville, Indiana-based company said it had profit of $1.05. Earnings, adjusted for non-recurring costs, came to $1.16 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The consumer finance company posted revenue of $1.32 billion in the period. Its adjusted revenue was $1.01 billion, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $994.4 million.
For the year, the company reported profit of $509 million, or $4.24 per share. Revenue was reported as $3.81 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OMF at https://www.zacks.com/ap/OMF