OneMain Holdings (OMF) Tops Q4 EPS by 16c

OneMain Holdings (NYSE: OMF) reported Q4 EPS of $1.91, $0.16 better than the analyst estimate of $1.75. Revenue for the quarter came in at $855 million versus the consensus estimate of $832.1 million.

• 4Q 2019 diluted EPS of $1.91
• 4Q 2019 C&I adjusted diluted EPS of $1.96
• 4Q 2019 C&I Ending Net Finance Receivables of $18.4 billion
• 4Q 2019 C&I Net Charge-Off ratio of 5.71%
• Raises regular quarterly dividend to $0.33 per share
• Declares special dividend of $2.50 per share

"We generated strong earnings growth and significant capital in the fourth quarter of 2019," said Doug Shulman, President and CEO of OneMain. "Credit remained stable, receivables growth was disciplined, and we continued to achieve operating leverage while investing in our business. Our ongoing initiatives to enhance our customer experience and optimize the profitability of our business contributed to this performance and will continue to benefit all aspects of our business, leading to greater shareholder value and capital generation over the long-term."

For earnings history and earnings-related data on OneMain Holdings (OMF) click here.

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