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Onity Group shares are trading lower despite reporting better‑than‑expected Q2 results, overshadowed by higher expenses and a GAAP net loss versus profit last year.

BenzingaBenzinga Newsdesk

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  1. BenzingaBenzinga Newsdesk

    UPDATE: Onity Group Q2 Adj. EPS $1.66 Beats $0.95 Estimate

    Onity Group (NYSE:ONIT) reported quarterly earnings of $1.66 per share which beat the analyst consensus estimate of $0.95 by 74.74 percent. This is a 30.83 percent decrease over earnings of $2.40 per share from the same