Mr. Cooper Q3 Earnings Surpass Estimates, Revenues Decline Y/Y

Mr. Cooper Group Inc. (COOP) reported third-quarter 2024 adjusted earnings per share of $2.84, which beat the Zacks Consensus Estimate by 11.8%. The bottom line rose 1.8% year over year.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Solid growth in the Servicing and Originations segments were major tailwinds for the company in the third quarter. The servicing portfolio increased year over year, surpassing the $1.2-trillion mark. However, a decline in revenues and an increase ...