* Q4 EPS $1.74 vs est. $0.81
* Q4 rev more than triples to $744 mln vs est $675
* Gains on mortgage loans rise 73 pct
* Net fee income rises 27 pct
March 1 - PHH Corporation (PHH.N), a provider of mortgage and fleet management services, posted a fourth-quarter earnings that handily beat market expectations, helped by large gains on mortgage loans and higher fee income.
Net income attributable to PHH was $97 million, or $1.74 a share, compared with a loss of $216 million, or $3.98 a share, a year ago.
Revenue more than tripled to $744 million from $218 million a year ago.
Analysts on average had expected the company to earn 81 cents a share, on revenue of $675 million, according to Thomson Reuters I/B/E/S.
Gains on mortgage loans rose 73 percent to $163 million from $94 million.
Net fee income rose more than 27 percent to $97 million from $76 million.
Total expenses fell to $575 million from $596 million.
Shares of the Mount Laurel, New Jersey-based company closed at $18.51 Friday on the New York Stock Exchange. (Reporting by Jochelle Mendonca in Bangalore; Editing by Jarshad Kakkrakandy)