Onity Group Inc.-Onity Group (ONIT) Surpasses Q1 Earnings Estimates

Onity Group (ONIT) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of$ 1.79 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 58.66%. A quarter ago, it was expected that this mortgage servicer would post earnings of$ 2.34 per share when it actually produced earnings of $1.39, delivering a surprise of -40.60%.Over the last four quarters, the c ...