OneMain Holdings (OMF) Earnings Expected to Grow: Should You Buy?

Group 1: OneMain Holdings (OMF) Earnings Expectations - Wall Street anticipates a year-over-year increase in earnings for OneMain Holdings, with expected earnings of $1.25 per share, reflecting a +22.6% change, and revenues projected at $1 billion, up 8.7% from the previous year [3][12] - The earnings report is set to be released on July 25, and the stock may rise if actual results exceed expectations, while a miss could lead to a decline [2][12] - The consensus EPS estimate has been revised 1.22% higher in the last 30 days, indicating a reassessment by analysts [4] Group 2: Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for OneMain is lower than the consensus estimate, resulting in an Earnings ESP of -0.89%, suggesting a bearish outlook [12] - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10] - OneMain currently holds a Zacks Rank of 3, making it challenging to predict a consensus EPS beat [12] Group 3: Historical Performance and Industry Context - OneMain has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +10.97% in the last reported quarter [13][14] - In comparison, Enova International, a peer in the consumer loans industry, is expected to post earnings of $2.97 per share, indicating a +34.4% year-over-year change, with revenues projected at $751.04 million, up 19.5% [18][19] - Enova International has a positive Earnings ESP of +0.67% and a Zacks Rank of 2, suggesting a higher likelihood of beating consensus estimates [20]