COOP - Mr. Cooper EPS beats by $1.38 misses on revenue

Mr. Cooper (NASDAQ:COOP): Q2 GAAP EPS of $4.85 beats by $1.38. Revenue of $574M misses by $98.8M. Reported total net income of $439 million and $4.85 per diluted share, equivalent to a ROCE of 56% Generated pretax operating income from continuing operations of $227 million, equivalent to ROTCE of 23.1% Book value per share increased to $38.89 and Tangible book value per share increased to $37.24 Originations generated pretax income of $207 million on funded volume of $22.2 billion Servicing portfolio grew 4% quarter-over-quarter to $654 billion Press Release

For further details see:

Mr. Cooper EPS beats by $1.38, misses on revenue