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

PennyMac Financial Services

27/10/2022 22:56

* PennyMac Financial Services Inc  PFSI.N  reported
quarterly
adjusted earnings of $2.46​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of $1.13 per share.
    * Revenue fell 8% to $724.00 million from a year ago;
analysts
expected $407.22 million. 
    * PennyMac Financial Services Inc's reported EPS for the
quarter
was $2.46​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * PennyMac Financial Services Inc shares had risen by 10.0%
this
quarter and lost 32.3% so far this year.
    * The company reported quarterly net income of $135.13
million.
    * Wall Street's median 12-month price target for PennyMac
Financial Services Inc is $65.00 
    * 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 Refinitiv data October
27 at 09:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      3.57           2.79           Missed