OneMain Holdings, Inc. Q4 Profit Falls, Misses Estimates

OneMain Holdings, Inc. (OMF) released earnings for fourth quarter that decreased from last year and missed the Street estimates.

The company's bottom line totaled $126 million, or $1.05 per share. This compares with $165 million, or $1.38 per share, last year.

Analysts on average had expected the company to earn $1.15 per share. Analysts' estimates typically exclude special items.

OneMain Holdings, Inc. earnings at a glance (GAAP) :

-Earnings: $126 Mln. vs. $165 Mln. last year.
-EPS: $1.05 vs. $1.38 last year.

For the fourth quarter, OneMain posted a net interest income of $1.009 billion, higher than $917 million, registered for the same period last year. Total other revenues moved down to $160 million from last year’s $186 million.

The company will pay a quarterly dividend of $1.04 per share on February 20, to shareholders of record as of February 12.

by RTTNews Staff Writer

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