PennyMac Mortgage Investment Trust expected to post earnings of 33  cents a share - Earnings Preview

PennyMac Mortgage Investment Trust

25/04/2023 23:40

* PennyMac Mortgage Investment Trust  PMT.N   PMT  is
expected
to show a rise in quarterly revenue when it reports  results on
April 27. 
    * The Westlake Village California-based  company is expected
to
report  a 17.7% increase in revenue to $96.346 million from
$81.84 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PennyMac Mortgage
Investment Trust is for earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"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 $15​, above​ its last closing price
of $11.67. ​​​

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 2022  0.37        0.38       -0.07     Missed  -118.5
 Sep. 30 2022  0.08        0.25       0.01      Missed  -96
 Jun. 30 2022  -0.09       0.23       -0.88     Missed  -484.3
                                                        ​
 Mar. 31 2022  0.24        0.28       -0.32     Missed  -214
 ​​Dec.        0.39        0.44       -0.28     Missed  -163.8
 31 2021                                                
 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
 This summary was machine generated April 25 at 22:40 GMT.  All
figures in US dollars  unless otherwise stated