OneMain Reports Q3 Profit of $185 Million; Adjusted Earnings Miss Estimates
1 report, 1 independent
Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
OneMain Holdings Inc. reported third-quarter revenue of $1.49 billion, with adjusted revenue reaching $1.15 billion. The company posted a third-quarter profit of $185 million, resulting in net income of $1.60 per share. However, adjusted earnings came in at $1.51 per share, missing the average analyst estimate of $1.56 per share.
From leadertelegram.com
Why it matters
The results show that while OneMain surpassed revenue forecasts, its adjusted earnings did not meet Wall Street expectations. This reflects performance within the consumer finance sector.
From leadertelegram.com
Who's involved
- IndianaState where OneMain Holdings Inc. is based
Keep exploring
The entities involved
-
Indiana
state of the United States of America
Related events
- Indiana Tool & Manufacturing Co. is seeking annexation and rezoning in Plymouth to help emerging businesses remain in Indiana.
- Orion180 Insurance, domiciled in Indiana, opened a new corporate headquarters in Florida and maintains offices across the US.
- Rutgers University researchers partnered with the National Park Service in Indiana.
- Local news report originating from Evansville, Indiana.
- Center for Youth Entrepreneurship & Innovation is located in Anderson, Indiana.