Mr Cooper Group Inc reports results for the quarter ended in December - Earnings Summary

Mr Cooper

10/02/2023 14:33

* Mr Cooper Group Inc  COOP.OQ  reported quarterly adjusted
earnings of 87 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 69 cents per share.
    * Revenue fell 51.5% to $303.00 million from a year ago;
analysts
expected $383.89 million. 
    * Mr Cooper Group Inc's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Mr Cooper Group Inc shares had risen by 11.2% this
quarter.
    * The company reported quarterly net income of $1 million.
    * Wall Street's median 12-month price target for Mr Cooper
Group
Inc is $55.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.69           0.87           Beat
 Sep. 30 2022      0.49           0.58           Beat
 Jun. 30 2022      0.03           0.17           Beat
 Mar. 31 2022      0.82           0.95           Beat