Onity Group Q1 EPS $0.74 Misses $2.37 Estimate, Sales $294.300M Beat $288.800M Estimate

Onity Group (NYSE:ONIT) reported quarterly earnings of $0.74 per share which missed the analyst consensus estimate of $2.37 by 68.78 percent. This is a 70.4 percent decrease over earnings of $2.50 per share from the same period last year. The company reported quarterly sales of $294.300 million which beat the analyst consensus estimate of $288.800 million by 1.90 percent. This is a 17.81 percent increase over sales of $249.800 million the same period last year.