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Ocwen Financial (OCN) Earnings Date, Estimates & Call Transcripts

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$25.87
-0.04 (-0.15%)
(As of 05/17/2024 08:54 PM ET)
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Earnings Summary

Upcoming
Earnings Date
Aug. 1Estimated
Actual EPS
(Feb. 27)
$1.44 Beat By $0.35
Consensus EPS
(Feb. 27)
$1.09
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

OCN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

OCN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ocwen Financial Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.84$1.42$1.13
Q2 20242$1.10$1.44$1.27
Q3 20242$1.17$1.53$1.35
Q4 20242$1.06$1.61$1.34
FY 20248$4.17$6.00$5.09
Q1 20251$1.76$1.76$1.76
Q2 20251$1.91$1.91$1.91
Q3 20251$2.08$2.08$2.08
Q4 20251$2.26$2.26$2.26
FY 20254$8.01$8.01$8.01

OCN Earnings Date and Information

Ocwen Financial last issued its earnings results on February 27th, 2024. The financial services provider reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.09 by $0.35. The company earned $277.30 million during the quarter, compared to analysts' expectations of $260.23 million. Ocwen Financial has generated $0.53 earnings per share over the last year ($0.53 diluted earnings per share) and currently has a price-to-earnings ratio of 48.8. Earnings for Ocwen Financial are expected to grow by 21.00% in the coming year, from $6.00 to $7.26 per share. Ocwen Financial has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off prior year's report dates.

Ocwen Financial Earnings History by Quarter

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DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/1/2024
Estimated)		------- 
2/27/2024Q4 2023$1.09$1.44+$0.35$9.09$260.23 million$277.30 million
11/7/2023Q3 2023$1.14$1.24+$0.10$1.43$267.21 million$255.50 million
8/3/2023Q2 2023($0.17)$1.04+$1.21$0.13$265.45 million$272.00 million
5/4/2023Q1 2023($0.39)($0.16)+$0.23$5.02$252.63 million$261.80 million
2/28/2023Q4 2022$0.53($3.35)($3.88)$1.79$261.69 million$250.46 million
11/3/2022Q3 2022$0.07($0.55)($0.62)($5.27)$271.52 million$249.72 million
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8/4/2022Q2 2022$1.12($0.49)($1.61)($2.09)$272.13 million$222.16 million
5/5/2022Q1 2022$0.78$1.43+$0.65($3.15)$276.06 million$231.56 million
2/25/2022Q4 2021$2.46($0.20)($2.66)($0.20)$52.17 million$293.96 million
11/7/2021Q3 2021$1.05$2.29+$1.24$2.29$270.75 million$283.10 million    
8/4/2021Q2 2021($0.02)($0.01)+$0.01$1.13$305.08 million$265.45 million

Ocwen Financial Earnings - Frequently Asked Questions

When is Ocwen Financial's earnings date?

Ocwen Financial has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off last year's report dates. Learn more on OCN's earnings history.

Did Ocwen Financial beat their earnings estimates last quarter?

In the previous quarter, Ocwen Financial (NYSE:OCN) reported $1.44 earnings per share (EPS) to beat the analysts' consensus estimate of $1.09 by $0.35. Learn more on analysts' earnings estimate vs. OCN's actual earnings.

How much revenue does Ocwen Financial generate each year?

Ocwen Financial (NYSE:OCN) has a recorded annual revenue of $1.13 billion.

How much profit does Ocwen Financial generate each year?

Ocwen Financial (NYSE:OCN) has a recorded net income of -$63.70 million. OCN has generated $0.53 earnings per share over the last four quarters.

What is Ocwen Financial's price-to-earnings ratio?

Ocwen Financial (NYSE:OCN) has a trailing price-to-earnings ratio of 48.81 and a forward price-to-earnings ratio of 4.31.

What is Ocwen Financial's EPS forecast for next year?

Ocwen Financial's earnings are expected to grow from $6.00 per share to $7.26 per share in the next year, which is a 21.00% increase.


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This page (NYSE:OCN) was last updated on 5/20/2024 by MarketBeat.com Staff

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