OneMain Holdings reports Q1 adjusted EPS $1.46, consensus $1.65

Reports Q1 Net charge-offs $376M and a net charge-off ratio of 7.72% from $344M and 6.88% respectively last year. "This quarter we saw strong demand for our products and continued credit stabilization," said Doug Shulman, Chairman and CEO of OneMain. "Our strong balance sheet positions us well in this uncertain macroeconomic environment, and we will continue to carefully manage credit while maintaining a sharp focus on our strategic priorities."