OneMain Holdings (OMF) Tops Q1 EPS by 1c

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Go back to OneMain Holdings (OMF) Tops Q1 EPS by 1c

OneMain Holdings, Inc. Reports First Quarter 2017 Results

May 3, 2017 4:30 PM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) today reported income before income taxes of $57 million and net income of $33 million for the first quarter of 2017, compared to $224 million and $137 million, respectively, in the prior year quarter, which included a pretax gain of $167 million associated with the sale of the companys interest in the SpringCastle joint venture. Earnings per diluted share were $0.25 in the first quarter of 2017, compared to $1.01 in the prior year quarter.

Jay Levine, President and CEO of OneMain Holdings, Inc. said, I am pleased with our... More