Mr. Cooper Group-Mr. Cooper Q4 Earnings Surpass Estimates, Expenses Increase Y/Y

Mr. Cooper Group Inc. (COOP) reported fourth-quarter 2024 adjusted earnings per share of $2.73, which beat the Zacks Consensus Estimate by 5.8%. The bottom line rose 59.6% year over year.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Solid improvements in the Servicing and Originations segments were major tailwinds for the company in the fourth quarter. The servicing portfolio increased year over year, surpassing the$ 1.56-trillion mark. However, a decline in revenues and an ...