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

PennyMac Financial Services

02/02/2023 22:03

* PennyMac Financial Services Inc  PFSI.N  reported
quarterly
adjusted earnings of 71 cents​​ per share for the quarter ended
in December. The mean expectation of eight analysts for the
quarter was for earnings of $1.06 per share.
    * Revenue fell 35.9% to $444.47 million from a year ago;
analysts
expected $348.72 million. 
    * PennyMac Financial Services Inc's reported EPS for the
quarter
was 71 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.2%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * PennyMac Financial Services Inc shares had risen by 21.7%
this
quarter.
    * The company reported quarterly net income of $37.62
million.
    * Wall Street's median 12-month price target for PennyMac
Financial Services Inc is $70.00 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.06           0.71           Missed
 Sep. 30 2022      1.13           2.46           Beat
 Jun. 30 2022      1.10           2.28           Beat
 Mar. 31 2022      2.45           2.94           Beat