NYSE$OMF

OneMain Holdings Inc. · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported diluted EPS of $1.86 and C&I adjusted diluted EPS of $2.19.

OneMain Holdings, Inc. reported a pretax income of $341 million and a net income of $250 million for the third quarter of 2020. The adjusted earnings per diluted share for the C&I segment were $2.19, reflecting continued strength in the core business drivers.

  • Diluted EPS was $1.86 for Q3 2020.
  • C&I adjusted diluted EPS was $2.19 for Q3 2020.
  • C&I ending net finance receivables were $17.8 billion for Q3 2020.
  • Minimum quarterly dividend raised by 36% to $0.45 per share.

Headline financials

Total Revenue

$935M

Previous: $977M-4.3%
EPS (adj)

$2.19

Previous: $1.77+23.7%
Consumer Loan Originations

$2.9B

Previous: $3.7B-21.6%
Free Cash Flow

$250M

Previous: $248M+0.8%
Net Income

$250M

Previous: $248M+0.8%
Operating Income

$210M

Previous: $201M+4.5%
Gross Profit

$661M

Previous: $648M+2.0%
Cash & Equivalents

$1.94B

Previous: $1.39B+39.6%
Total Assets

$21.9B

Previous: $22.4B-2.5%
Stock-Based Comp

$3M

Previous: $3M+0.0%

Revenue & EPS history

OneMain · Revenue · Quarterly

$935M

Q3 2020-4.3%vs Q3 2019
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Revenue by segment

OneMain · $182M total across 1 segment · Q3 2023

  • Consumer & Insurance
    $182M

Forward guidance

The company expects to maintain a minimum quarterly dividend of $0.45 per share going forward. Excess dividends above the minimum will be evaluated by the Board every first and third quarters, as is consistent with prior quarters and the company's capital allocation strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+1.6%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+0.2%

Avg return

30 days after

57%

31 / 54 earnings

Positive

+24.7%

Q2 2014

Best reaction

-38.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-4.9%-5.9%
Q4 2025-1.4%-2.3%-15.5%
Q3 2025+10.1%+9.2%+11.3%
Q2 2025+0.9%+0.4%+4.5%
Q1 2025-1.1%+0.4%+6.8%
Q4 2024-3.2%-1.1%-6.4%
Q3 2024+4.6%+5.6%+20.8%
Q2 2024-8.6%-16.5%-7.0%
Q1 2024-0.2%+0.7%-4.7%
Q4 2023-7.4%-2.1%+2.0%
Q3 2023-4.2%-3.5%+4.4%
Q2 2023-5.5%-5.3%-16.8%
Q1 2023-0.6%-0.6%-3.5%
Q4 2022+8.7%+7.3%-6.0%
Q3 2022+10.1%+18.6%+18.7%
Q2 2022-3.6%+0.0%-5.6%
Q1 2022+2.7%+6.8%-1.1%
Q4 2021-1.0%+2.8%-11.3%
Q3 2021-6.6%-8.6%-16.7%
Q2 2021+0.1%+1.1%-6.8%
Q1 2021+2.5%+4.2%+2.2%
Q4 2020+1.1%-4.4%-2.0%
Q3 2020-2.6%-7.6%+9.2%
Q2 2020+12.9%+13.9%+15.0%
Q1 2020+20.5%+17.9%+34.3%
Q4 2019+7.4%+9.5%-27.2%
Q3 2019+6.2%+11.5%+16.8%
Q2 2019+16.9%+14.0%-1.6%
Q1 2019-2.7%-1.6%-10.5%
Q4 2018+12.1%+13.1%+11.1%
Q3 2018+12.5%+7.8%+6.6%
Q2 2018-2.0%+5.5%+7.6%
Q1 2018+0.4%+1.0%+1.1%
Q4 2017+5.2%+4.2%-1.0%
Q3 2017+2.6%-0.4%-17.9%
Q2 2017+0.2%+2.4%+2.6%
Q1 2017+6.5%+5.1%+3.3%
Q4 2016+10.5%+16.4%+9.1%
Q3 2016-38.0%-28.8%-16.7%
Q2 2016+8.3%+4.2%+6.1%
Q1 2016+0.9%
Q4 2015-3.1%
Q3 2015-5.9%
Q2 2015-7.7%
Q1 2015-1.0%
Q4 2014+2.9%
Q3 2014+7.2%
Q2 2014+24.7%
Q1 2014-6.9%
Q2 2013+1.3%
Q1 2012+1.3%
Q4 2012+1.3%
Q4 2013-6.1%
Q3 2013+1.9%
Q1 2013
Q3 2012
Q2 2011
Q1 2011
Q2 2010
Q1 2010

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