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christinat

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christinat

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Monday, 02/28/2011 10:48:38 AM

Monday, February 28, 2011 10:48:38 AM

Post# of 347
KBW is out with its report today on Ocwen Financial (NYSE: OCN), commenting on its Q4 10 earnings.

In a note to clients, KBW writes, "Operating EPS of $0.21 was down from $0.23 in 3Q. Management highlighted the opportunity for flow business and the creation of a new company that should allow Ocwen to operate with far less capital, which we believe would be a positive for Ocwen. We reduce our 2011 EPS estimate to $1.28 and introduce our 2012 EPS estimate of $1.44. Maintain OP."


Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/02/890158/kbw-comments-on-ocwen-financials-q4-10-earnings-ocn#ixzz1FGkKM3YF
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