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OneMain Holdings, Inc. (NYSE:OMF ) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Peter Poillon - Head of Investor Relations Doug Shulman - Chairman & Chief Executive Officer Micah Conrad - Chief Financial Officer Conference Call Participants Michael Kaye - Wells Fargo Kevin Barker - Piper Sandler Vincent Caintic - Stephens David Scharf - JMP Securities John Hecht - Jefferies Mihir Bhatia - Bank of America Operator Good day and welcome to the OneMain Financial Third Quarter 2023 Earnings Conference Call and Webcast. Hosting the call today from OneMain is Peter Poillon, Head of Investor Relations.
OneMain Holdings (OMF) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.51 per share a year ago.
NEW YORK--(BUSINESS WIRE)--OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime customers responsible access to credit, plans to report its third quarter 2023 results before the market opens on Wednesday, October 25, 2023. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com. A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern. The general p.
OneMain specializes in lending to the subprime market and offers a 10% dividend yield as of this writing. Concerns about the ability of OneMain's client base to repay loans in a worsening macroeconomic backdrop have led to a recent decline in the stock price. The company has been tightening its credit lending standards and shows signs of improvement, indicating that its issues may be temporary.
Although the revenue and EPS for OneMain (OMF) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
OneMain Holdings (OMF) came out with quarterly earnings of $1.01 per share, missing the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.87 per share a year ago.
NEW YORK--(BUSINESS WIRE)--OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime customers responsible access to credit, plans to report its second quarter 2023 results before the market opens on Wednesday, July 26, 2023. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com. A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern. The general pub.
OMF offers a near 11% dividend yield that is well-covered by earnings. OMF also recently hiked its dividend by 5.3% while also continuing to pour cash into an aggressive buyback program.
Although the revenue and EPS for OneMain (OMF) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
OneMain Holdings: A Tempting 10%+ Yield With Dividend Growth.