Ocwen Financial Q3 2023 net income $8M, EPS $1.10; adjusted pre-tax income $10M

ONITY GROUP INC.

2023-Q3 EPS reported -$2.13 revenue$789,400,000

GAAP net income of $8 million; diluted EPS of $1.10.
Adjusted pre-tax income of $10 million; 9% annualized adjusted pre-tax return on equity.
Total servicing UPB $296B (+2% QoQ); subservicing UPB $167B (+6% QoQ).
Repurchased $14 million of PHH senior secured notes below par during Q3.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ONITY GROUP INC. reported third quarter ended September 30, 2023 results: net income Net income of $8 million, EPS earnings per share of $1.10.

Period: third quarter ended September 30, 2023
Net income: Net income of $8 million
EPS: earnings per share of $1.10
Result: reported results

Exact text from the filing

Ocwen Financial Corporation issued a press release announcing results for the third quarter ended September 30, 2023 and providing a business update.

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ONITY GROUP INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-039642

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