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

Mr Cooper

26/10/2022 14:33

* Mr Cooper Group Inc  COOP.OQ  reported quarterly adjusted
earnings of 58 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 49 cents per share.
    * Revenue fell 40.7% to $510.00 million from a year ago;
analysts
expected $408.96 million. 
    * Mr Cooper Group Inc's reported EPS for the quarter was
$1.55​.
    * The mean earnings estimate of analysts had fallen by
about 16.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mr Cooper Group Inc shares had risen by 10.2% this
quarter and
gained 7.3% so far this year.
    * The company reported quarterly net income of $113 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 October
26 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.49           0.58           Beat
 Jun. 30 2022      0.03           0.17           Beat
 Mar. 31 2022      0.82           0.95           Beat
 Dec. 31 2021      1.22           1.52           Beat