Ocwen Financial Announces Operating Results for Third Quarter 2016

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Ocwen Financial (OCN) Posts Q3 EPS of 8c

October 26, 2016 4:21 PM EDT

Ocwen Financial (NYSE: OCN) reported Q3 EPS of $0.08, $0.40 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $359.45 million versus the consensus estimate of $353.08 million.

Pre-tax income for the third quarter of 2016 was $2.4 million, a $98.8 million improvement from the second... More