PennyMac Financial Services Inc expected to post earnings of $1.69 a share - Earnings Preview

PennyMac Financial Services

24/10/2023 21:53

* PennyMac Financial Services Inc  PFSI.N   PFSI.K  is
expected
to show a fall in quarterly revenue when it reports  results on
October 26. 
    * The Westlake Village California-based  company is expected
to
report  a 15.6% decrease in revenue to $401.965 million from
$476.29 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PennyMac Financial
Services Inc is for earnings of $1.69 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "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 $88​, above​ its last closing price
of $63.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.53        1.49       1.11      Missed  -25.6
 Mar. 31 2023  1.05        1.06       0.57      Missed  -46.3
 Dec. 31 2022  1.06        1.06       0.71      Missed  -33.1​
 Sep. 30 2022  1.13        1.13       2.46      Beat    117.6
 ​​Jun.        1.10        1.10       2.28      Beat    106.7
 30 2022                                                
 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. 30 2021  3.53        3.50       3.80      Beat    8.4
 This summary was machine generated October 24 at 20:53 GMT.  All
figures in US dollars  unless otherwise stated