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

Mr Cooper

27/07/2022 17:40

* Mr Cooper Group Inc  COOP.OQ  reported a quarterly
adjusted loss
of $8.60​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 3 cents per share.
    * Revenue rose 4.4% to $599.00 million from a year ago;
analysts
expected $417.31 million. 
    * Mr Cooper Group Inc's reported EPS for the quarter was
$2.03​.
    * The mean earnings estimate of analysts had fallen by
about 97.9%
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 10.1% this
quarter and
lost 2.8% so far this year.
    * The company reported quarterly net income of $151 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 July 27
at 04:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.03           -8.60          Missed
 Mar. 31 2022      0.82           0.95           Beat
 Dec. 31 2021      1.22           1.52           Beat
 Sep. 30 2021      1.85           2.42           Beat