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Mr Cooper: 2Q Earnings Snapshot

August 1, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COOP at https://www.zacks.com/ap/COOP

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