Ocwen Financial (OCN) Tops Q1 EPS by 14c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/6/2026

1. PTC
2. NVDA
3. PCVX
4. META
5. MSFT
6. SPY
7. GOOGL
8. GMAB
9. USO
10. AMD

Go back to Ocwen Financial (OCN) Tops Q1 EPS by 14c

Ocwen Financial Announces Preliminary Operating Results for First Quarter 2015

April 30, 2015 4:32 PM EDT

ATLANTA, April 30, 2015 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation, (NYSE: OCN) ("Ocwen" or the "Company"), a leading financial services holding company, today reported preliminary net income of $34.4 million, or $0.27 per share, for the three months ended March 31, 2015 compared to net income of $60.5 million, or $0.43 per share, for the three months ended March 31, 2014. Ocwen generated preliminary revenue of $510.4 million, down 7% compared to the first quarter of the prior year. Preliminary income from operations was $132.1 million for the three months ended March 31, 2015 compared to $202.1 million for the first quarter of 2014. Preliminary Cash... More