EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — OneMain Holdings Inc. (OMF) on Friday reported second-quarter net income of $167 million.
On a per-share basis, the Evansville, Indiana-based company said it had profit of $1.40. Earnings, adjusted for non-recurring costs, came to $1.45 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The consumer finance company posted revenue of $1.34 billion in the period. Its adjusted revenue was $1.02 billion, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1 billion.
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