AP NEWS

PHH: 2Q Earnings Snapshot

August 3, 2018

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PHH at https://www.zacks.com/ap/PHH

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