PHH: 2Q Earnings Snapshot
MOUNT LAUREL, N.J. (AP) _ PHH Corp. (PHH) on Friday reported a loss of $35 million in its second quarter.
On a per-share basis, the Mount Laurel, New Jersey-based company said it had a loss of $1.07. Losses, adjusted for one-time gains and costs, were 98 cents per share.
The mortgage and fleet management company posted revenue of $35 million in the period.
PHH shares have risen 5.5 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $10.87, a decline of 21 percent in the last 12 months.