PennyMac Financial Services Inc reports results for the quarter ended December 31 - Earnings Summary

PennyMac Financial Services

30/01/2025 22:01

* PennyMac Financial Services Inc  PFSI.N  reported
quarterly
adjusted earnings of $1.95​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of -74 cents.  The mean expectation of
nine analysts for the quarter was for earnings of $3.12 per
share. Wall Street expected results to range from $2.58 
to $3.94 per share.
    * Revenue rose 29.9% to $470.11 million from a year ago;
analysts
expected $522.36 million. 
    * PennyMac Financial Services Inc's reported EPS for the
quarter
was $1.95​.
    * The company reported quarterly net income of $104.49
million.
    * PennyMac Financial Services Inc shares had risen by 9.8%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for PennyMac
Financial Services Inc is $124.00 
This summary was machine generated from LSEG data January 30 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      3.12           1.95           Missed
 Sep. 30 2024      2.90           1.30           Missed
 Jun. 30 2024      2.58           1.85           Missed
 Mar. 31 2024      2.31           2.48           Beat