Ocwen Financial Announces Operating Results for First Quarter 2016
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Ocwen Financial (OCN) PT Cut Below 50% of Book Value - Piper Jaffray
April 28, 2016 9:55 AM EDTPiper Jaffray analyst, Kevin Barker, cut his PT on Ocwen Financial Corp (NYSE: OCN) to $2.50 from $4 after another large loss. The firm maintained a Neutral rating.
OCN reported earnings of $0.90 per share loss this quarter. The analyst estimates the operating EPS was... More
Ocwen Financial (OCN) Misses Q1 EPS by 51c
April 27, 2016 4:39 PM EDTOcwen Financial (NYSE: OCN) reported Q1 EPS of ($0.90), $0.51 worse than the analyst estimate of ($0.39). Revenue for the quarter came in at $307.43 million versus the consensus estimate of $346.3 million.
Generated Cash from Operating Activities of $141 millionAdjusted Operating Expenses down $55 million... More