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

PennyMac Financial Services

27/04/2023 23:34

* PennyMac Financial Services Inc  PFSI.N  reported
quarterly
adjusted earnings of 57 cents​​ per share for the quarter ended
in March. The mean expectation of eight analysts for the quarter
was for earnings of $1.06 per share.
    * Revenue fell 53.9% to $302.86 million from a year ago;
analysts
expected $347.37 million. 
    * PennyMac Financial Services Inc's reported EPS for the
quarter
was 57 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * PennyMac Financial Services Inc shares had risen by 7.4%
this
quarter and gained 13.0% so far this year.
    * The company reported quarterly net income of $30.38
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 LSEG Refinitiv data
April 27 at 10:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      1.10           2.28           Beat