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Analysts changed their price targets for OneMain after the company reported disappointing earnings and sales for Q3.

ResultsRead the original at Benzinga
Bad for OMF

OneMain missed estimates for both per-share profit and sales. Its chief executive called the quarter strong, and analysts' price targets moved both ways, but those points do not erase the two reported misses.

OMF · OneMain Holdings Inc

AI read · Bad for OMF

The AI's read

Those misses point to a weaker quarter than analysts expected. That matters for a lender that relies on profit and sales from its business. The chief executive called the quarter strong and said the company maintained credit discipline. Analysts' price targets moved in both directions, with 2 cuts and 1 increase. The reported misses are the clearest results, so they carry more weight.

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