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.
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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‘Our house is on fire’: Jay Inslee confronts Joe Biden over climate crisis in Democratic debate
Bright Health Contracting is Planning a Huge 2020 Expansion in ACA Into States Like Florida and the Carolinas
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