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Onity Group Q4 2023 Earnings Report

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$32.01 -0.47 (-1.45%)
As of 02/21/2025 03:59 PM Eastern
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Onity Group EPS Results

Actual EPS
$1.44
Consensus EPS
$1.09
Beat/Miss
Beat by +$0.35
One Year Ago EPS
N/A

Onity Group Revenue Results

Actual Revenue
$277.30 million
Expected Revenue
$260.23 million
Beat/Miss
Beat by +$17.07 million
YoY Revenue Growth
N/A

Onity Group Announcement Details

Quarter
Q4 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Onity Group Earnings Headlines

Onity Group (ONIT) Receives a Rating Update from a Top Analyst
$5,000 DOGE check?
Elon Musk's DOGE agenda just took a very surprising turn... Earlier this week, reports emerged that a portion of the savings DOGE makes in Federal cuts could be funneled back to taxpayers. The media was quick to dub it a DOGE Dividend, with claims circulating that we could all receive a $5,000 check in the mail.
BTIG Remains a Buy on Onity Group (ONIT)
Onity Group reports Q4 EPS ($3.63) vs. ($1.19) last year
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About Onity Group

Onity Group (NYSE:ONIT) Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.

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