Mr Cooper: 2Q Earnings Snapshot
COPPELL, Texas (AP) _ Mr. Cooper Group Inc. (COOP) on Thursday reported a loss of $87 million in its second quarter.
The Coppell, Texas-based company said it had a loss of 96 cents per share. Earnings, adjusted for non-recurring costs, came to $1.29 per share.
The reinsurance company posted revenue of $399 million in the period.
Mr Cooper shares have dropped 35% since the beginning of the year. The stock has fallen 53% in the last 12 months.