Onity Group Inc reports results for the quarter ended June 30 - Earnings Summary
Onity Group Inc reports results for the quarter ended June 30 - Earnings Summary
Onity Group Inc ONIT.N reported a quarterly adjusted loss of $1.53 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.40. The mean expectation of three analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 41 cents to $1.48 per share.
Revenue rose 14.7% to $282.90 million from a year ago; analysts expected $266.40 million.
Onity Group Inc's reported EPS for the quarter was a loss of $1.53.
The company reported a quarterly loss of $12.9 million.
Onity Group Inc shares had fallen by 4.3% this quarter and lost 16.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 54.7% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Onity Group Inc is $50.00, about 23.9% above its last closing price of $38.05
This summary was machine generated from LSEG data August 6 at 04:09 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.96 | -1.53 | Missed |
Mar. 31 2026 | 2.37 | 0.74 | Missed |
Dec. 31 2025 | 2.57 | 14.24 | Beat |
Sep. 30 2025 | 2.28 | 2.03 | Missed |
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