NASDAQ$COOP
Mr Cooper Group Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Mr. Cooper Group's financial performance in Q2 2023 reflected a strong net income, portfolio growth, and increased stock repurchase authorization.
Mr. Cooper Group reported a net income of $142 million for Q2 2023, which included a $61 million mark-to-market. Excluding mark-to-market and other items, the pretax operating income was $150 million. The company's servicing portfolio grew, and the board increased the stock repurchase authorization by $200 million.
- Reported net income of $142 million, including a $61 million mark-to-market.
- Book value per share and tangible book value per share increased to $61.02 and $58.81, respectively.
- Servicing UPB grew 10% year-over-year to $882 billion.
- Repurchased 1.2 million shares of common stock for $57 million, with a subsequent $200 million increase in repurchase authorization.
Headline financials
Revenue & EPS history
Mr Cooper · Revenue · Quarterly
$486M
Forward guidance
No specific forward guidance was provided in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q2 2023
+1.2%
Avg return
Earnings day
+3.7%
Avg return
5 days after
+5.7%
Avg return
30 days after
43%
23 / 54 earnings
Positive
+22.3%
Q4 2021
Best reaction
-16.7%
Q1 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | -0.0% | -6.4% | +17.5% | |
| Q1 2025 | -1.1% | +2.8% | +15.6% | |
| Q4 2024 | -0.6% | +0.5% | -5.3% | |
| Q3 2024 | -2.4% | +0.3% | +9.2% | |
| Q2 2024 | +9.1% | +5.0% | +7.0% | |
| Q1 2024 | -0.9% | -0.3% | +2.8% | |
| Q4 2023 | +7.6% | +2.3% | +9.0% | |
| Q3 2023 | +6.1% | +4.8% | +11.3% | |
| Q2 2023 | +9.6% | +7.3% | +2.7% | |
| Q1 2023 | +6.1% | +3.4% | +3.9% | |
| Q4 2022 | +4.4% | +6.7% | -6.3% | |
| Q3 2022 | -12.9% | -11.5% | +0.7% | |
| Q2 2022 | +12.3% | +11.2% | +10.2% | |
| Q1 2022 | +5.3% | +8.9% | +2.4% | |
| Q4 2021 | +22.3% | +26.4% | +14.8% | |
| Q3 2021 | +0.0% | -1.5% | -4.7% | |
| Q2 2021 | +2.8% | — | — | |
| Q1 2021 | +2.8% | — | — | |
| Q4 2020 | +3.5% | — | — | |
| Q3 2020 | -5.6% | — | — | |
| Q2 2020 | +13.0% | — | — | |
| Q1 2020 | -6.3% | — | — | |
| Q4 2019 | -1.0% | — | — | |
| Q3 2018 | -1.7% | — | — | |
| Q3 2019 | +4.8% | — | — | |
| Q2 2019 | +18.8% | — | — | |
| Q1 2019 | +6.4% | — | — | |
| Q4 2018 | -3.3% | — | — | |
| Q2 2018 | +0.7% | — | — | |
| Q1 2018 | -0.7% | — | — | |
| Q4 2017 | +1.6% | — | — | |
| Q3 2017 | -4.2% | — | — | |
| Q2 2017 | -4.3% | — | — | |
| Q1 2017 | -3.8% | — | — | |
| Q4 2016 | -7.1% | — | — | |
| Q3 2016 | +2.5% | — | — | |
| Q2 2016 | -2.1% | — | — | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | +0.4% | — | — | |
| Q3 2015 | -0.4% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | -2.2% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | -3.8% | — | — | |
| Q2 2014 | +1.1% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q1 2014 | -0.6% | — | — | |
| Q3 2013 | +15.8% | — | — | |
| Q2 2013 | -2.9% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | -2.1% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | -16.7% | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — |
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