Mr Cooper Group Inc expected to post earnings of $1.22 a share - Earnings Preview

Mr Cooper

24/07/2023 16:34

* Mr Cooper Group Inc  COOP.OQ   COOP.O  is expected to show
a
fall in quarterly revenue when it reports  results on July 26. 
    * The Coppell Texas-based  company is expected to report  a
29.1% decrease in revenue to $424.774 million from $599 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mr Cooper Group Inc
is
for earnings of $1.22 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mr Cooper
Group
Inc is $57​, above​ its last closing price of $54.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.05        1.06       1.18      Beat    11.8
 Dec. 31 2023  0.69        0.69       0.87      Beat    26.8
 Sep. 30 2022  0.48        0.49       0.58      Beat    18.3​
 Jun. 30 2022  0.02        0.03       0.17      Beat    550.3
 ​​Mar.        0.79        0.82       0.95      Beat    15.3
 31 2022                                                
 Dec. 31 2021  1.25        1.22       1.52      Beat    25​
 Sep. 30 2021  1.88        1.85       2.42      Beat    30.7
 Jun. 30 2021  1.62        1.56       1.92      Beat    22.8
 This summary was machine generated July 24 at 15:34 GMT.  All
figures in US dollars  unless otherwise stated