Onity Group (ONIT) Misses Q4 Earnings and Revenue Estimates

分组1 - Onity Group reported quarterly earnings of $1.39 per share, missing the Zacks Consensus Estimate of$2.34 per share, and down from $1.44 per share a year ago, representing an earnings surprise of -40.60$224.8 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 11.28%, and down from $277.3 million year-over-year [2] - Over the last four quarters, Onity has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] 分组2 - Onity shares have increased approximately 27.8% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $2.39 on revenues of$256.76 million, and for the current fiscal year, it is $10.51 on revenues of$1.06 billion [7] 分组3 - The Zacks Industry Rank indicates that the Financial - Mortgage & Related Services sector is currently in the bottom 46% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The estimate revisions trend for Onity is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6]