Compared to Estimates, OneMain (OMF) Q4 Earnings: A Look at Key Metrics
OneMain Holdings (OMF) reported $917 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.9%. EPS of $1.39 for the same period compares to $1.56 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $913.9 million, representing a surprise of +0.34%. The company delivered an EPS surprise of +2.96%, with the consensus EPS estimate being $1.35.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how OneMain performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net charge-off ratio: 7.7% compared to the 7.7% average estimate based on four analysts.
Net Interest Income: $915 million compared to the $961.69 million average estimate based on six analysts.
Net interest income after provision for finance receivable losses: $469 million versus $465.67 million estimated by six analysts on average.
Insurance: $113 million compared to the $115.20 million average estimate based on six analysts.
Investment: $32 million compared to the $30.16 million average estimate based on six analysts.
Total other revenues: $185 million versus $182.36 million estimated by five analysts on average.
Other income: $30 million versus the four-analyst average estimate of $30.15 million.
View all Key Company Metrics for OneMain here>>>
Shares of OneMain have returned -3.6% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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OneMain Holdings, Inc. (OMF) : Free Stock Analysis Report
