Mr Cooper: Q4 Earnings Snapshot

COPPELL, Texas (AP) — COPPELL, Texas (AP) — Mr. Cooper Group Inc. (COOP) on Friday reported fourth-quarter earnings of $1 million. The Coppell, Tex...

February 17, 2023
9:24 PM

COPPELL, Texas (AP) — COPPELL, Texas (AP) — Mr. Cooper Group Inc. (COOP) on Friday reported fourth-quarter earnings of $1 million. The Coppell, Texas-based company said it had net income of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 86 cents per share. The results exceeded 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, falling short of Street forecasts.

J.D. Morris