PennyMac Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
PennyMac Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
PennyMac Financial Services Inc PFSI.N reported quarterly adjusted earnings of 41 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.54. The mean expectation of eight analysts for the quarter was for earnings of $2.34 per share. Wall Street expected results to range from $1.68 to $3.05 per share.
Revenue rose 11.8% to $497.00 million from a year ago; analysts expected $584.50 million.
PennyMac Financial Services Inc's reported EPS for the quarter was 41 cents.
The company reported quarterly net income of $22 million.
PennyMac Financial Services Inc shares had fallen by 1.6% this quarter and lost 35.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20.2% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for PennyMac Financial Services Inc is $105.50, about 18.4% above its last closing price of $86.04
This summary was machine generated from LSEG data July 29 at 11:11 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 2.34 | 0.41 | Missed |
Mar. 31 2026 | 2.44 | 1.53 | Missed |
Dec. 31 2025 | 3.24 | 1.97 | Missed |
Sep. 30 2025 | 2.90 | 3.37 | Beat |
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