Form 10-Q OCWEN FINANCIAL CORP For: Jun 30
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Oppenheimer Remains Sidelined on Ocwen Financial (OCN) Following 2Q EPS Miss
August 1, 2016 10:49 AM EDTOppenheimer maintained a Perform rating on Ocwen Financial Corp (NYSE: OCN) following the company's 2Q earnings report. OCN reported EPS at ($0.71) vs. the consensus of ($0.52). Revenues increased $42M from 1Q16's. It was driven by $15M of HAMP benefits from the new streamline program, $12M in new initiative... More
