Onity Group (ONIT) Misses Q2 Earnings and Revenue Estimates

Group 1 - Onity Group reported quarterly earnings of $1.87 per share, missing the Zacks Consensus Estimate of $2.08 per share, and down from $4.07 per share a year ago, representing an earnings surprise of -10.10% [1] - The company posted revenues of $246.6 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 6.5%, and showing a slight increase from year-ago revenues of $246.4 million [2] - Over the last four quarters, Onity has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2 - The stock has gained approximately 22.2% since the beginning of the year, outperforming the S&P 500's gain of 7.6% [3] - The current consensus EPS estimate for the coming quarter is $2.41 on revenues of $271.3 million, and for the current fiscal year, it is $10.47 on revenues of $1.07 billion [7] - The Zacks Industry Rank for Financial - Mortgage & Related Services is currently in the bottom 9% of over 250 Zacks industries, indicating potential challenges for the sector [8]