OneMain Holdings, Inc. (OMF) Q4 2024 Earnings Call Transcript
OneMain Holdings, Inc. (NYSE:OMF ) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Peter Poillon - Head of Investor Relations Doug Shulman - Chairman and Chief Executive Officer Jenny Osterhout - Executive Vice President and Chief Financial Officer Conference Call Participants Terry Ma - Barclays Moshe Orenbuch - TD Cowen Mark DeVries - Deutsche Bank John Hecht - Jefferies Kyle Joseph - Stephens Michael Kaye - Wells Fargo Mihir Bhatia - Bank of America Operator Welcome to the OneMain Financial Fourth Quarter 2024 Earnings Conference Call and Webcast. Hosting the call today from OneMain is Peter Poillon, Head of Investor Relations.
OneMain Holdings: At Fair Value Given Modest Credit Improvement (Downgrade)
OneMain Holdings, Inc.'s shares have performed well, but slower credit loss improvement and in-line quarterly results have led to a pullback. The company reported $1.16 EPS, slightly beating estimates, with revenue up 9% to $1.5 billion, but higher credit loss provisions impacted earnings. Improved credit quality due to tighter underwriting, with delinquency rates showing signs of improvement and stable reserves at 11.5% of loans.
Here's What Key Metrics Tell Us About OneMain (OMF) Q4 Earnings
The headline numbers for OneMain (OMF) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
OneMain Holdings (OMF) Q4 Earnings and Revenues Beat Estimates
OneMain Holdings (OMF) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.39 per share a year ago.
OneMain Holdings (OMF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
OneMain (OMF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will OneMain (OMF) Beat Estimates Again in Its Next Earnings Report?
OneMain (OMF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
OneMain Financial: Strong Dividend Stability In Uncertain Economic Times
OneMain Financial offers a 7.9% dividend yield and has stable income potential despite economic risks and recent market volatility. The company's net interest income grew to $2.8 billion, but increased loan loss provisions and operating expenses led to a decline in net income. Strong cash flow from operations supports the dividend, with $1.95 billion generated, easily covering the $373 million in dividends.
OneMain Holdings: Solid Q3 Reduces Credit Loss Fears
OneMain delivered solid Q3 results as credit fears largely did not come to fruition. Its tighter standards and shrinking back book are helping to decelerate loan losses growth, creating a path to profit growth. With an 8% dividend yield, some buybacks, and an 8.6x multiple, OMF is attractive.
OneMain Holdings, Inc. (OMF) Q3 2024 Earnings Call Transcript
OneMain Holdings, Inc. (OMF) Q3 2024 Earnings Call Transcript
OneMain (OMF) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for OneMain (OMF) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
OneMain Holdings (OMF) Beats Q3 Earnings and Revenue Estimates
OneMain Holdings (OMF) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.57 per share a year ago.
Earnings Preview: OneMain Holdings (OMF) Q3 Earnings Expected to Decline
OneMain (OMF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
