Mr Cooper: Q4 Earnings Snapshot
COPPELL, Texas (AP) — COPPELL, Texas (AP) — Mr. Cooper Group Inc. (COOP) on Friday reported fourth-quarter net income of $1 million. On a per-share...
COPPELL, Texas (AP) — COPPELL, Texas (AP) — Mr. Cooper Group Inc. (COOP) on Friday reported fourth-quarter net income of $1 million. On a per-share basis, the Coppell, Texas-based company said it had net income of 1 cent. Earnings, adjusted for non-recurring costs, were 86 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. The reinsurance company posted revenue of $303 million in the period, which missed Street forecasts.