Nationstar Reports First Quarter 2018 Financial Results
NATIONSTAR MTG (NSM)
Last nationstar mtg earnings: 7/17 07:00 am
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US:NYSE Investor Relations:
investors.nationstarholdings.com/corporateprofile
Company Research
Source: Business Wire
Quarterly GAAP income of $160 million, $1.61 per diluted share and $44 million adjusted income, $0.44 per diluted share Adjusted servicing profitability of 5.5 basis points (bps) Servicing GAAP pretax income of $220 million, adjusted pretax income of $69 million Originations GAAP pretax income of $19 million, adjusted pretax income of $25 million Xome GAAP pretax income of $22 million, adjusted pretax income of $14 million DALLAS--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYSE: NSM), with its Mr. Cooper operations, reported first quarter GAAP net income of $160 million, or $1.61 per diluted share. This compared to a fourth quarter 2017 GAAP net income of $41 million, or $0.41 per diluted share. On an adjusted basis, the Company reported earnings for the first quarter of $44 million, or $0.44 per diluted share.
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