PHH Corp. (PHH) Tops Q2 EPS by 38c

PHH Corp. (NYSE: PHH) reported Q2 EPS of ($0.08), $0.38 better than the analyst estimate of ($0.46). Revenue for the quarter came in at $196 million versus the consensus estimate of $175 million.

The company said, “With respect to our evaluation of strategic options, the Board, Management and our financial advisors are deeply engaged in a thorough process to assess the value of our assets and platforms to maximize shareholder value. Our team is highly committed and we are acting with a sense of urgency. We look forward to sharing more information regarding the outcome of this process when it’s prudent for us to do so.”

For earnings history and earnings-related data on PHH Corp. (PHH) click here.

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