Mr Cooper: Q3 Earnings Snapshot
COPPELL, Texas (AP) _ Mr. Cooper Group Inc. (COOP) on Wednesday reported third-quarter profit of $113 million. On a per-share basis, the Coppell, T...
COPPELL, Texas (AP) _ Mr. Cooper Group Inc. (COOP) on Wednesday reported third-quarter profit of $113 million. On a per-share basis, the Coppell, Texas-based company said it had net income of $1.55. Earnings, adjusted for non-recurring gains, came to 58 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. The reinsurance company posted revenue of $510 million in the period, also topping Street forecasts.