PennyMac Mortgage Investment Trust expected to post earnings of 26  cents a share - Earnings Preview

PennyMac Mortgage Investment Trust

04/05/2022 03:01

* PennyMac Mortgage Investment Trust  PMT.N   PMT  is
expected
to show a fall in quarterly revenue when it reports  results on
May 5. 
    * The Westlake Village California-based  company is expected
to
report  a 45.2% decrease in revenue to $110.318 million from
$201.4 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PennyMac Mortgage
Investment Trust is for earnings of 26 cents per share. For the
same quarter last year, the company reported earnings of 67
cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PennyMac
Mortgage
Investment Trust is $18​, above​ its last closing price
of $15.93. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.39        0.44       -0.28     Missed  -163.8
 Sep. 30 2021  0.46        0.48       -0.45     Missed  -193.5
 Jun. 30 2021  0.60        0.60       0.32      Missed  -46.8​
 Mar. 31 2021  0.64        0.63       0.67      Beat    6.7
 ​​Dec.        0.69        0.70       0.78      Beat    11.2
 31 2020                                                
 Sep. 30 2020  0.63        0.73       0.94      Beat    29.2​
 Jun. 30 2020  2.94        2.13       4.51      Beat    111.4
 Mar. 31 2020  -0.89       -0.88      -5.99     Missed  -582
 This summary was machine generated May 4 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated