Nationstar Mortgage Slips To Loss In Q4; Affirms 2014 Outlook - Quick Facts

(RTTNews) - Residential mortgage loan servicer Nationstar Mortgage Holdings Inc. (NSM) reported net loss for the fourth quarter of $50.91 million or $0.56 per share, compared to net income of $63.76 million or $0.71 per share in the year-ago quarter.

After adjusting for one-time expenses, pro forma loss for the quarter was $0.23 per share, compared to pro forma earnings of $0.65 per share in the year-ago period.

However, total revenue for the quarter grew to $420.42 million from $332.61 million in the same period last year.

Looking ahead to fiscal 2014, Nationstar Mortgage affirmed its earnings outlook in a range of $4.50 to $6.00 per share.