PennyMac Mortgage Investment Trust expected to post earnings of 36 cents a share - Earnings Preview

PennyMac Mortgage Investment Trust

28/01/2025 21:04

* PennyMac Mortgage Investment Trust  PMT.N   PMT  is
expected
to show a rise in quarterly revenue when it reports  results on
January 30 for the period ending December 31 2024
    * The Westlake Village California-based  company is expected
to
report a 10.8% increase in revenue to $93.947 million from
$84.77 million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (SAL represents NET Investment/
Net revenue basis)
    * ​LSEG's mean analyst estimate for PennyMac Mortgage
Investment
Trust is for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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 $14.25​, above​ its last closing price
of $12.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.36        0.36       0.36      Met     -0.2
 Jun. 30 2024  0.36        0.35       0.17      Missed  -52
 Mar. 31 2024  0.32        0.33       0.39      Beat    19.9​
 Dec. 31 2023  0.33        0.32       0.44      Beat    36.3
 ​​Sep.        0.30        0.30       0.51      Beat    69.7
 30 2023                                                
 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
 This summary was machine generated January 28 at 21:04 GMT.  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)