COOP

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Management’s efforts, including new hires and investments in technology, will likely drive earnings next year.The mortgage market will likely remain robust next year due to low interest rates that will drive refinance activity. Further, revenue from Xome will likely increase.Valuation analysis suggests that the market has already incorporated the earnings growth outlook.

Mr. Cooper Group (NASDAQ: COOP) reported Q3 sales of $872.00 million. Earnings fell to a loss of $204.00 million, resulting in a 49.88% decrease from last quarter. In Q2, Mr. Cooper Group brought in $630.00 million in sales but lost $407.00 million in earnings.Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q3, Mr. Cooper Group posted an ROCE of -0.09%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on COOPROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Mr. Cooper Group is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.In Mr. Cooper Group's case, the ROCE ratio shows the amount of assets may not be helping the company achieve higher returns. Investors may take this into account before making any long-term financial decisions.Q3 Earnings Recap Mr. Cooper Group reported Q3 earnings per share at $2.18/share, which did not meet analyst predictions of $2.78/share.See more from Benzinga * Click here for options trades from Benzinga * Return On Capital Employed Overview: CVS Health * ROCE Insights For Trade Desk(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Mr. Cooper (COOP) moves up 3.8% in premarket trading after Leon Cooperman recommends the stock during a CNBC interview.Quant rating agrees with a Very Bullish assessment. Wall Street analysts' average rating is

Top Ranked Value Stocks to Buy for November 6th

The following slide deck was published by Mr. Cooper Group Inc. in conjunction with their 2020 Q3 earnings call.

Mr Cooper (COOP) delivered earnings and revenue surprises of 2.60% and 0.12%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

NEW YORK, NY / ACCESSWIRE / October 29, 2020/ Mr.