Ocwen Financial (OCN) Q4 Earnings and Revenues Top Estimates

Ocwen Financial (OCN) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to loss of $3.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.11%. A quarter ago, it was expected that this mortgage servicer would post earnings of $1.14 per share when it actually produced earnings of $1.24, delivering a surprise of 8.77%.Over the last four quarters, the comp ...