U.S. Markets closed

OneMain: 1Q Earnings Snapshot

EVANSVILLE, Ind. (AP) _ OneMain Holdings Inc. (OMF) on Monday reported first-quarter earnings of $152 million.

On a per-share basis, the Evansville, Indiana-based company said it had profit of $1.11. Earnings, adjusted for non-recurring costs, came to $1.37 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.

The consumer finance company posted revenue of $956 million in the period. Its adjusted revenue was $720 million, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $735.9 million.

OneMain shares have climbed 46% since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.35, a rise of 15% in the last 12 months.


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