Feb. 6 at 4:42 PM
$OMF beats earnings, but why did shares drop? 🤔
Despite Q4 EPS of
$1.59 beating estimates and showing a 37.1% YoY increase, rising expenses and higher provisions led to a 1.4% post-earnings dip. With a Zacks Rank #4 (Sell), near-term profitability might be under pressure.
Full analysis here 👉 https://www.zacks.com/stock/news/2837279/onemain-holdings-dips-despite-q4-earnings-beat-nii-costs-rise-yy?cid=sm-stocktwits-2-2837279-body-32417&ADID=SYND_STOCKTWITS_TWEET_2_2837279_BODY_32417