Mr Cooper Group Inc expected to post earnings of $2.09 a share - Earnings Preview

Mr Cooper

22/04/2024 14:43

* Mr Cooper Group Inc  COOP.OQ   COOP.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 24
for the period ending March 31 2024
    * The Coppell Texas-based  company is expected to report a
50.6% increase in revenue to $496.912 million from $330 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Mr Cooper Group Inc is
for
earnings of $2.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 9.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Mr Cooper
Group
Inc is $87.00​, above​ its last closing price of $77.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.25        1.33       1.71      Beat    28.6
 Sep. 30 2023  1.67        1.67       2.79      Beat    67.5
 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.        0.69        0.69       0.87      Beat    26.8
 31 2022                                                
 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. 31 2022  0.79        0.82       0.95      Beat    15.3
 This summary was machine generated April 22 at 13:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)