OneMain Holdings (OMF) Tops Q2 EPS by 4c

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OneMain Holdings, Inc. Reports Second Quarter 2018 Results

July 30, 2018 4:30 PM EDT

2Q 2018 GAAP diluted EPS of $0.05;2Q 2018 C&I adjusted EPS of $1.18

EVANSVILLE, Ind.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) today reported pretax income of $43 million and net income of $7 million for the second quarter of 2018, compared to $66 million and $42 million, respectively, in the prior year quarter. In connection with the completion of Fortress Investment Group LLC's sale of its stake in the company to funds managed by Apollo Global Management, LLC (NYSE: APO) and Värde Partners, Inc. on June 25, 2018, net income for the... More