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

PennyMac Financial Services

27/07/2023 23:37

* PennyMac Financial Services Inc  PFSI.N  reported
quarterly
adjusted earnings of $1.11​​ per share for the quarter ended in
June. The mean expectation of eight analysts for the quarter was
for earnings of $1.49 per share.
    * Revenue rose 0.7% to $515.19 million from a year ago;
analysts
expected $396.18 million. 
    * PennyMac Financial Services Inc's reported EPS for the
quarter
was $1.11​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * PennyMac Financial Services Inc shares had risen by 16.2%
this
quarter and gained 44.2% so far this year.
    * The company reported quarterly net income of $58.25
million.
    * Wall Street's median 12-month price target for PennyMac
Financial Services Inc is $80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 10:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.49           1.11           Missed
 Mar. 31 2023      1.06           0.57           Missed
 Dec. 31 2022      1.06           0.71           Missed
 Sep. 30 2022      1.13           2.46           Beat