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

PennyMac Financial Services

05/05/2022 22:52

* PennyMac Financial Services Inc  PFSI.N  reported
quarterly
adjusted earnings of $2.94​​ per share for the quarter ended in
March. The mean expectation of eight analysts for the quarter
was for earnings of $2.45 per share.
    * Revenue rose 0.8% to $952.67 million from a year ago; 
analysts
expected $630.37 million. 
    * PennyMac Financial Services Inc's reported EPS for the
quarter
was $2.94​.
    * The mean earnings estimate of analysts had fallen by
about 17.4%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * PennyMac Financial Services Inc shares had fallen by 4.5%
this
quarter and lost 27.2% so far this year.
    * The company reported quarterly net income of $173.59
million.
    * Wall Street's median 12-month price target for PennyMac
Financial Services Inc is $71.50 
    * 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 May 5 at 09:52 p.m.  ​All
figures in US dollars unless otherwise stated