| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 8.3MM | +5% |
| Operating Income | 31.8MM | -170% |
| Operating Expenses | -23.5MM | - |
| Net Income | 30.1MM | -163% |
| Compensation | 53.6MM | -7% |
| Technology | 12.7MM | -2% |
| Professional Service | - | - |
| Amortization | 900K | - |
| Interest Expense | 67.4MM | -2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Ocwen Financial Corporation (NYSE:OCN) Q1 2024 Earnings Call Transcript May 2, 2024 Ocwen Financial Corporation beats earnings expectations. Reported EPS is $1.74, expectations were $1.21. OCN isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Dico Akseraylian: Good morning, and thank you […]
Ocwen Financial ( NYSE:OCN ) First Quarter 2024 Results Key Financial Results Revenue: US$239.1m (down 8.7% from 1Q...
Discover how Ocwen Financial Corp achieved its highest GAAP net income in six quarters and its strategic plans for future growth.
Q1 2024 Ocwen Financial Corp Earnings Call
Ocwen (OCN) delivered earnings and revenue surprises of 43.80% and 9.91%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Significant Growth in Net Income and Diluted EPS Highlighted in Latest Earnings Report
Net income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29%Adjusted pre-tax income of $14 million, driven by servicing segment; achieved 13.8% annualized adjusted pre-tax return on equityRepurchased $47 million in PHH senior secured notes below par$23 billion in total servicing additions ($19 billion in subservicing additions)Moody’s Ratings upgraded corporate family rating to B3 in April 2024 WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Ocwen
Essent Group (ESNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ocwen (OCN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WEST PALM BEACH, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 2, 2024 at 8:30 a.m. (ET) to review the Company’s first quarter 2024 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (800) 343-4849 or (203) 518-9848 appr