OneMain Holdings (OMF) Misses Q2 EPS by 4c

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Go back to OneMain Holdings (OMF) Misses Q2 EPS by 4c

OneMain Holdings, Inc. Reports Second Quarter 2016 Results

August 4, 2016 8:00 AM EDT

EVANSVILLE, In.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) today reported income before provision for income taxes of $42 million and net income of $26 million, or $0.19 per diluted share, for the second quarter of 2016.

Jay Levine, President and CEO of OneMain Holdings, Inc. said, Our second quarter results reflect the benefits of the ongoing transformation of our company as we continue to integrate the acquisition of OneMain. We had strong performance on credit, operating expenses, funding, and growth. Our Consumer and Insurance segment delivered strong results for the second quarter of 2016, reflecting... More