EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — OneMain Holdings Inc. (OMF) on Tuesday reported first-quarter net income of $213 million.
The Evansville, Indiana-based company said it had net income of $1.78 per share. Earnings, adjusted for non-recurring gains, came to $1.72 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share.
The consumer finance company posted revenue of $1.31 billion in the period. Its adjusted revenue was $996 million, also beating Street forecasts. Six analysts surveyed by Zacks expected $987.1 million.
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