Onity: Q3 Earnings Snapshot

WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Onity Group Inc. (ONIT) on Tuesday reported net income of $21.4 million in its third quarter.

On a per-share basis, the West Palm Beach, Florida-based company said it had profit of $2.65. Earnings, adjusted for non-recurring costs, were $4.33 per share.

The mortgage servicer posted revenue of $265.7 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONIT at https://www.zacks.com/ap/ONIT

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up