PennyMac Mortgage Investment Trust expected to post earnings of 35  cents a share - Earnings Preview

PennyMac Mortgage Investment Trust

26/07/2023 03:01

* PennyMac Mortgage Investment Trust  PMT.N   PMT  is
expected
to show a rise in quarterly revenue when it reports  results on
July 27. 
    * The Westlake Village California-based  company is expected
to
report  a 403.2% increase in revenue to $108.178 million from
$21.5 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 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "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 $15​, above​ its last closing price
of $14.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.32        0.33       0.50      Beat    50.1
 Dec. 31 2023  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.        0.24        0.28       -0.32     Missed  -214
 31 2022                                                
 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
 This summary was machine generated July 26 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated