Mr. Cooper Group Inc (COOP, Financial) is set to release its Q3 2024 earnings on Oct 23, 2024. The consensus estimate for Q3 2024 revenue is $546.86 million, and the earnings are expected to come in at $2.32 per share. The full year 2024's revenue is expected to be $2.26 billion and the earnings are expected to be $10.80 per share. More detailed estimate data can be found on the Forecast page.
Mr. Cooper Group Inc (COOP, Financial) Estimates Trends
Revenue estimates for Mr. Cooper Group Inc (COOP) have declined from $2.26 billion to $2.26 billion for the full year 2024 and increased from $2.47 billion to $2.69 billion for 2025 over the past 90 days. Earnings estimates for Mr. Cooper Group Inc (COOP) have increased from $10.23 per share to $10.80 per share for the full year 2024 and increased from $11.42 per share to $12.83 per share for 2025 over the past 90 days.
Mr. Cooper Group Inc (COOP, Financial) Reported History
In the previous quarter of 2024-06-30, Mr. Cooper Group Inc's (COOP) actual revenue was $583 million, which beat analysts' revenue expectations of $550.71 million by 5.86%. Mr. Cooper Group Inc's (COOP) actual earnings were $3.10 per share, which beat analysts' earnings expectations of $2.41 per share by 28.47%. After releasing the results, Mr. Cooper Group Inc (COOP) was up by 6.81% in one day.
Mr. Cooper Group Inc (COOP, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Mr. Cooper Group Inc (COOP) is $111 with a high estimate of $126 and a low estimate of $97. The average target implies an upside of 20.77% from the current price of $91.91.
Based on GuruFocus estimates, the estimated GF Value for Mr. Cooper Group Inc (COOP, Financial) in one year is $46.20, suggesting a downside of -49.73% from the current price of $91.91.
Based on the consensus recommendation from 8 brokerage firms, Mr. Cooper Group Inc's (COOP, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
