PennyMac Financial Services Inc expected to post earnings of $1.16 a share - Earnings Preview

PennyMac Financial Services

31/01/2023 21:45

* PennyMac Financial Services Inc  PFSI.N   PFSI.K  is
expected
to show a fall in quarterly revenue when it reports  results on
February 2. 
    * The Westlake Village California-based  company is expected
to
report  a 48.6% decrease in revenue to $356.41 million from
$693.81 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PennyMac Financial
Services Inc is for earnings of $1.16 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PennyMac
Financial Services Inc is $70​, above​ its last closing price
of $65.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.13        1.13       2.46      Beat    117.6
 Jun. 30 2022  1.10        1.10       2.28      Beat    106.7
 Mar. 31 2022  2.25        2.45       2.94      Beat    20.1​
 Dec. 31 2021  3.57        3.57       2.79      Missed  -21.8
 ​​Sep.        3.53        3.50       3.80      Beat    8.4
 30 2021                                                
 Jun. 30 2021  3.21        3.21       2.94      Missed  -8.3​
 Mar. 31 2021  5.79        5.74       5.15      Missed  -10.3
 Dec. 31 2020  6.02        5.92       5.97      Beat    0.9
 This summary was machine generated January 31 at 21:45 GMT.  All
figures in US dollars  unless otherwise stated