NASDAQ$COOP

Mr Cooper Group Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Mr. Cooper reported a net income of $155 million and EPS of $2.01 for Q4 2021.

Mr. Cooper Group Inc. reported a strong fourth quarter with a net income of $155 million, or $2.01 per diluted share. The company's servicing portfolio grew to $710 billion, up 6% quarter-over-quarter. Solid results in the fourth quarter closed out a fantastic year for Mr. Cooper, where they delivered very strong returns and portfolio growth.

  • Reported fourth quarter net income of $155 million and $2.01 per diluted share, equivalent to ROCE of 19%.
  • Book value per share increased to $45.64 and tangible book value per share increased to $43.82.
  • Servicing UPB grew to $710 billion, up 6% quarter-over-quarter and 17% year-over-year.
  • Repurchased 1.3 million common shares in the fourth quarter for $56 million at an average price of $41.22.

Headline financials

Total Revenue

$625M

Previous: $953M-34.4%
EPS (adj)

$1.52

Previous: $2.00-24.0%
Servicing Customer Count

3.6M

Previous: 626.0B-100.0%
Net Income

$155M

Previous: $191M-18.8%
Operating Income

$118M

Previous: $249M-52.6%
Gross Profit

$578M

Previous: $869M-33.5%
Cash & Equivalents

$895M

Previous: $695M+28.8%
Total Assets

$14.2B

Previous: $24.2B-41.2%

Revenue & EPS history

Mr Cooper · Revenue · Quarterly

$625M

Q4 2021-34.4%vs Q4 2020
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The company enters 2022 with an extremely talented and dedicated team and a balanced business model that positions them to benefit from higher interest rates.

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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