OneMain Holdings, Inc. Q1 Profit Increases, Beats Estimates

OneMain Holdings, Inc. (OMF) announced a profit for its first quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $213 million, or $1.78 per share. This compares with $155 million, or $1.29 per share, last year.

Excluding items, OneMain Holdings, Inc. reported adjusted earnings of $207 million or $1.72 per share for the period.

Analysts on average had expected the company to earn $1.57 per share. Analysts' estimates typically exclude special items.

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

-Earnings: $213 Mln. vs. $155 Mln. last year.
-EPS: $1.78 vs. $1.29 last year.

by RTTNews Staff Writer

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