Onity Group Q2 EPS $(1.53) Misses $0.95 Estimate, Sales $282.900M Beat $266.400M Estimate
Onity Group (NYSE:ONIT) reported quarterly losses of $(1.53) per share which missed the analyst consensus estimate of $0.95 by 261.05 percent. This is a 163.75 percent decrease over earnings of $2.40 per share from the
Onity made less money per share than experts thought it would—they lost money instead of making it. Even though they sold more stuff than expected, the big loss on the bottom line is what matters most when people judge if a company is doing well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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