Onity Group Inc reports results for the quarter ended March 31 - Earnings Summary

Onity

30/04/2025 14:32

Onity Group Inc ONIT.N reported quarterly adjusted earnings of $2.50​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.74.  The mean expectation of four analysts for the quarter was for earnings of $1.67 per share. Wall Street expected results to range from $1.31  to $2.19 per share.

Revenue rose 4.5% to $249.80 million from a year ago; analysts expected $247.33 million.

Onity Group Inc's reported EPS for the quarter was $2.50​.

The company reported quarterly net income of $21.1 million.

Onity Group Inc shares had risen by 9.9% this quarter and gained 15.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 21.1% 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 "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."

Wall Street's median 12-month price target for Onity Group Inc is $42.50

This summary was machine generated from LSEG data April 30 at 01:30 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
Mar. 31 2025
1.67
2.50
Beat
Dec. 31 2024
2.17
-3.61
Missed
Sep. 30 2024
1.27
2.65
Beat
Jun. 30 2024
1.36
1.33
Missed