Benzinga | Jul 28, 2021 10:40AM EDT

Mr. Cooper Group Earnings Preview

Mr. Cooper Group (NASDAQ:COOP) announces its next round of earnings this Thursday, July 29. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Mr. Cooper Group reporting earnings of $1.57 per share on revenue of $684.04 million. Mr. Cooper Group EPS in the same period a year ago totaled $0.77. Revenue was $630.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate, earnings would be up 103.9%. Sales would be up 8.58% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 2.36 2.38 2.78 1.55EPS Actual 2.86 2 2.18 0.77Revenue Estimate 914.44 M 847.47 M 893.75 M 563.02 MRevenue Actual 1.27 B 953.00 M 872.00 M 630.00 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Mr. Cooper Group were trading at $34.92 as of July 27. Over the last 52-week period, shares are up 123.34%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Mr. Cooper Group is scheduled to hold the call at 10:00:00 ET and can be accessed here.