Countdown to OneMain (OMF) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - OneMain Holdings (OMF) is expected to report quarterly earnings of $1.25 per share, reflecting a 22.6% increase year-over-year, with revenues projected at $1 billion, an 8.7% increase from the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 1.2%, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3] Key Metrics Forecast - The 'Net charge-off ratio (Consumer and Insurance Segment)' is anticipated to be 7.8%, down from 8.3% in the same quarter last year [5] - The consensus estimate for 'Net Interest Income' is $1.00 billion, compared to $922 million reported in the same quarter last year [6] - 'Other income' is expected to reach $44.90 million, up from $39 million a year ago [6] - Analysts project 'Investment' income to be $24.26 million, down from $30 million in the previous year [6] - 'Net interest income after provision for finance receivable losses' is estimated at $469.27 million, compared to $347 million in the same quarter last year [7] - 'Total other revenues' are projected to be $185.87 million, up from $174 million a year ago [7] Stock Performance - OneMain shares have increased by 5.8% over the past month, closely mirroring the 5.9% increase of the Zacks S&P 500 composite [7]