UPDATE: Mr. Cooper Group (COOP) Tops Q3 EPS by 4c

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Go back to UPDATE: Mr. Cooper Group (COOP) Tops Q3 EPS by 4c

Mr. Cooper Group Reports Third Quarter 2018 Financial Results and Signed Agreement for Strategic Acquisition of Originator with $25 Billion Servicing and $10+ Billion Annual Originations

November 8, 2018 7:00 AM EST

$(64) million Predecessor quarterly GAAP loss (for one month ended July 31, 2018), $(0.65) per diluted share $1,011 million Successor quarterly GAAP income (for two months ended September 30, 2018), $10.99 per diluted share $54 million combined adjusted income for Predecessor and Successor, $0.58 per diluted share 6.5 basis points (bps) combined adjusted servicing profitability $65 million combined Servicing pretax income, adjusted pretax income of $81 million $32 million combined Originations pretax income, adjusted pretax income of $33 million $4 million combined Xome pretax income, adjusted pretax income of $11 million... More