OneMain Financial Reports Q1 Revenue Beat, While EPS Misses Expectations
<p><a href='https://financialmodelingprep.com/financial-summary/OMF'>OneMain Financial (NYSE:OMF)</a> reported its Q1 earnings results last week, with EPS coming in at $1.46, worse than the Street estimate of $1.66. Revenue was $1.03 billion, compared to the Street estimate of $1.02 billion.</p>
<p>Loan portfolio growth was better than expected, with managed receivables above expectations and origination volumes slightly higher than expected. </p>
<p>Management commented on seeing strong demand for the company’s products, despite a tight credit box. Management indicated originations are trending to a mid-single-digit growth rate.</p>

NYSE:OMF