Mr Cooper Group Inc expected to post earnings of $2.37 a share - Earnings Preview

Mr Cooper

23/07/2024 17:15

* Mr Cooper Group Inc  COOP.OQ   COOP.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 25
for the period ending June 30 2024
    * The Coppell Texas-based  company is expected to report a
13.3% increase in revenue to $550.713 million from $486 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data. (SAL represents Total/ Operating Revenue)
    * ​LSEG's mean analyst estimate for Mr Cooper Group Inc is
for
earnings of $2.37 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $94.50​, above​ its last closing price of $87.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.01        2.09       2.28      Beat    9.1
 Dec. 31 2024  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
 ​​Jan.        1.05        1.06       1.18      Beat    11.8
 1 0001                                                 
 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. 30 2022  0.02        0.03       0.17      Beat    550.3
 This summary was machine generated July 23 at 16:15 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)