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OneMain: 3Q Earnings Snapshot

·1 min read

EVANSVILLE, Ind. (AP) _ OneMain Holdings Inc. (OMF) on Monday reported third-quarter net income of $250 million.

On a per-share basis, the Evansville, Indiana-based company said it had net income of $1.86. Earnings, adjusted for non-recurring costs, were $2.19 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.

The consumer finance company posted revenue of $1.19 billion in the period. Its adjusted revenue was $935 million, which also topped Street forecasts. Five analysts surveyed by Zacks expected $788.9 million.

OneMain shares have declined 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.53, an increase of slightly more than 2% in the last 12 months.

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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