Nationstar Mortgage Holdngs (NSM) Reports Q1 GAAP Loss of $0.53/Share

Nationstar Mortgage Holdngs (NYSE: NSM) reported Q1 EPS of ($0.53), versus $0.21 reported last year. Revenue for the quarter came in at $215.1 million, versus $295.8 million reported last year.

GAAP EPS decreased sequentially principally due to a $110 million, or $0.77 per share, non-cash decrease in fair value mark-to-market adjustments in the servicing segment and a $17 million non-cash, or $0.12 per share, quarterly increase in amortization partially offset by an increase in earnings from the originations business.

For earnings history and earnings-related data on Nationstar Mortgage Holdngs (NSM) click here.

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