Nationstar Reports First Quarter 2015 Financial Results
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FBR Capital Downgrades Nationstar Mortgage (NSM) to Underperform
May 6, 2015 6:19 AM EDTFBR Capital downgraded Nationstar Mortgage (NYSE: NSM) from Market Perform to Underperform with a price target of $15.00 (from $25.00), citing an uncertain earnings outlook.
Analyst Paul Miller commented, "We downgrade shares of NSM to Underperform and lower our price target to $15 from $25, following the company's 1Q15... More
Nationstar Mortgage Holdngs (NSM) Reports Q1 GAAP Loss of $0.53/Share
May 5, 2015 7:08 AM EDTNationstar 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... More
