PennyMac Mortgage Investment Trust expected to post earnings of 30  cents a share - Earnings Preview

PennyMac Mortgage Investment Trust

25/10/2023 03:03

* PennyMac Mortgage Investment Trust  PMT.N   PMT  is
expected
to show a fall in quarterly revenue when it reports  results on
October 26. 
    * The Westlake Village California-based  company is expected
to
report  a 43.5% decrease in revenue to $85.369 million from
$151.07 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PennyMac Mortgage
Investment Trust is for earnings of 30 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"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 $13​, above​ its last closing price
of $10.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.35        0.35       0.16      Missed  -53.7
 Mar. 31 2023  0.32        0.33       0.50      Beat    50.1
 Dec. 31 2022  0.37        0.38       -0.07     Missed  -118.5
                                                        ​
 Sep. 30 2022  0.08        0.25       0.01      Missed  -96
 ​​Jun.        -0.09       0.23       -0.88     Missed  -484.3
 30 2022                                                
 Mar. 31 2022  0.24        0.28       -0.32     Missed  -214​
 Dec. 31 2021  0.39        0.44       -0.28     Missed  -163.8
 Sep. 30 2021  0.46        0.48       -0.45     Missed  -193.5
 This summary was machine generated October 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated