Mr Cooper Group Inc expected to post earnings of $1.67 a share - Earnings Preview

Mr Cooper

23/10/2023 18:15

* Mr Cooper Group Inc  COOP.OQ   COOP.O  is expected to show
a
fall in quarterly revenue when it reports  results 
    * The Coppell Texas-based  company is expected to report  a
11.9% decrease in revenue to $449.31 million from $510 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 $1.67 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $67​, above​ its last closing price of $53.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.21        1.22       1.66      Beat    36.6
 Mar. 31 2023  1.05        1.06       1.18      Beat    11.8
 Dec. 31 2022  0.69        0.69       0.87      Beat    26.8​
 Sep. 30 2022  0.48        0.49       0.58      Beat    18.3
 ​​Jun.        0.02        0.03       0.17      Beat    550.3
 30 2022                                                
 Mar. 31 2022  0.79        0.82       0.95      Beat    15.3​
 Dec. 31 2021  1.25        1.22       1.52      Beat    25
 Sep. 30 2021  1.88        1.85       2.42      Beat    30.7
 This summary was machine generated October 23 at 17:15 GMT.  All
figures in US dollars  unless otherwise stated