Mr Cooper Group Inc expected to post earnings of 3  cents a share - Earnings Preview

Mr Cooper

25/07/2022 15:47

* Mr Cooper Group Inc  COOP.OQ   COOP.O  is expected to show
a
fall in quarterly revenue when it reports  results on July 27. 
    * The Coppell Texas-based  company is expected to report  a
27.3% decrease in revenue to $417.31 million from $574 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 3 cents per share. For the same quarter last
year, the company reported earnings of $1.92 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 $55​, above​ its last closing price of $40.38. ​​​
    * 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 2022  0.79        0.82       0.95      Beat    15.3
 Dec. 31 2022  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
 ​​Mar.        2.39        2.36       2.93      Beat    24.2
 31 2021                                                
 Dec. 31 2020  2.32        2.38       2.63      Beat    10.4​
 Sep. 30 2020  2.84        2.78       2.78      Met     0
 Jun. 30 2020  1.57        1.55       2.84      Beat    83.5
 This summary was machine generated July 25 at 14:47 GMT.  All
figures in US dollars  unless otherwise stated