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

Mr Cooper

26/07/2023 14:32

* Mr Cooper Group Inc  COOP.OQ  reported quarterly adjusted
earnings of $1.66​​ per share for the quarter ended in June. The
mean expectation of seven analysts for the quarter was
for earnings of $1.22 per share.
    * Revenue fell 18.9% to $486.00 million from a year ago;
analysts
expected $424.77 million. 
    * Mr Cooper Group Inc's reported EPS for the quarter was
$2.07​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Mr Cooper Group Inc shares had risen by 6.8% this
quarter and
gained 34.7% so far this year.
    * The company reported quarterly net income of $142 million.
    * Wall Street's median 12-month price target for Mr Cooper
Group
Inc is $57.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.22           1.66           Beat
 Mar. 31 2023      1.06           1.18           Beat
 Dec. 31 2022      0.69           0.87           Beat
 Sep. 30 2022      0.49           0.58           Beat