Nationstar Mortgage Holdngs (NSM) Misses Q1 EPS by 5c, Miss on Revenues

Nationstar Mortgage Holdngs (NYSE: NSM) reported Q1 EPS of $0.44, $0.05 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $437 million versus the consensus estimate of $451.55 million.

• Quarterly GAAP income of $160 million, $1.61 per diluted share and $44 million adjusted income, $0.44 per diluted share
• Adjusted servicing profitability of 5.5 basis points (bps)
• Servicing GAAP pretax income of $220 million, adjusted pretax income of $69 million
• Originations GAAP pretax income of $19 million, adjusted pretax income of $25 million
• Xome GAAP pretax income of $22 million, adjusted pretax income of $14 million

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

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c
• Zeo Energy Corp (ZEO) Misses Q2 EPS by 7c