Mr. Cooper reports Q3 EPS $4.06, may not compare consensus $1.67

Reports Q3 revenue $574M, consensus $449.31M. Q3 book value per share: Tangible book value increased to $65.38 and $62.78, respectively. Chairman and CEO Jay Bray commented, “Our impressive performance, highlighted by rising return on equity, strong book value per share growth, robust capital, and record liquidity, reflects the strength of our balanced business model. With our servicing portfolio now at $937 B Mr. Cooper’s consistent track record of growth has propelled us to the nation’s leading servicer, one step closer to achieving our $1T target.” Chris Marshall, Vice Chairman and President added, “I am very pleased with the outstanding performance of our operations, led by record servicing results and solid earnings in originations despite headwinds from rising rates. This drove our operating returns back into our 12-20% target range, distinguishing us from our competitors. Our focus on operational excellence and strategic initiatives positions us to continue to drive higher returns and sustained growth into the future.” Additionally, the Company disclosed that Mr. Marshall has informed it of his plans to retire by the end of 2024. The Company has initiated a search process to identify his successor