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Onity (ONIT) Reports Q1 Earnings: What Key Metrics Have to Say
ONITOnity Group Inc.(ONIT) ZACKS·2025-04-30 14:36

Core Insights - Onity Group reported 249.8millioninrevenueforQ12025,ayear−over−yearincreaseof4.5249.8 million in revenue for Q1 2025, a year-over-year increase of 4.5% and an EPS of 2.84 compared to 1.74ayearago,indicatingstrongearningsgrowth[1]−TherevenuefellshortoftheZacksConsensusEstimateof1.74 a year ago, indicating strong earnings growth [1] - The revenue fell short of the Zacks Consensus Estimate of 259.96 million, resulting in a surprise of -3.91%, while the EPS exceeded expectations by +58.66% against a consensus estimate of 1.79[1]−Onity′sstockhasreturned+10.11.79 [1] - Onity's stock has returned +10.1% over the past month, outperforming the Zacks S&P 500 composite's -0.2% change, and currently holds a Zacks Rank 2 (Buy) [3] Financial Metrics - Servicing and subservicing fees were reported at 203.30 million, below the average estimate of 218.71million[4]−Otherrevenuesamountedto218.71 million [4] - Other revenues amounted to 10.90 million, slightly below the estimated 10.99million[4]−Gainonloansheldforsale,net,was10.99 million [4] - Gain on loans held for sale, net, was 11.80 million, compared to the average estimate of 12.45million[4]−GainonreverseloansheldforinvestmentandHMBS−relatedborrowings,net,was12.45 million [4] - Gain on reverse loans held for investment and HMBS-related borrowings, net, was 23.80 million, exceeding the average estimate of $17.86 million [4]