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COOP — Mr Cooper News Story

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Mr Cooper Group Inc reports results for the quarter ended June 30 - Earnings Summary

Mr Cooper Group Inc COOP.OQ reported quarterly adjusted earnings of $3.13​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.52.  The mean expectation of nine analysts for the quarter was for earnings of $3.18 per share. Wall Street expected results to range from $3.07  to $3.32 per share.

Revenue rose 4.3% to $608.00 million from a year ago; analysts expected $674.32 million.

Mr Cooper Group Inc's reported EPS for the quarter was $3.04​.

The company reported quarterly net income of $198 million.

Mr Cooper Group Inc shares had risen by 13.3% this quarter and gained 76.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is  "buy."

Wall Street's median 12-month price target for Mr Cooper Group Inc is $156.00, about 8.4% below its last closing price of $169.12

This summary was machine generated from LSEG data July 23 at 12:26 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.183.13Missed
Mar. 31 20252.922.97Beat
Dec. 31 20242.662.73Beat
Sep. 30 20242.582.84Beat

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