Mr Cooper: Q1 Earnings Snapshot
COPPELL, Texas — COPPELL, Texas — Mr. Cooper Group Inc. (COOP) on Wednesday reported first-quarter net income of $37 million. The Coppell, Texas-ba...
COPPELL, Texas — COPPELL, Texas — Mr. Cooper Group Inc. (COOP) on Wednesday reported first-quarter net income of $37 million. The Coppell, Texas-based company said it had net income of 52 cents per share. Earnings, adjusted for non-recurring costs, came to $1.17 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share. The reinsurance company posted revenue of $330 million in the period, which fell short of Street forecasts.