PennyMac Mortgage Investment Trust expected to post earnings of 38cents a share - Earnings Preview

PennyMac Mortgage Investment Trust

31/01/2023 23:30

* PennyMac Mortgage Investment Trust  PMT.N   PMT  is
expected
to show a rise in quarterly revenue when it reports  results on
February 2. 
    * The Westlake Village California-based  company is expected
to
report  a 109.7% increase in revenue to $103.782 million from
$49.48 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 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"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​, below​ its last closing price
of $15.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.39        0.44       -0.28     Missed  -163.8
 ​​Sep.        0.46        0.48       -0.45     Missed  -193.5
 30 2021                                                
 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. 31 2020  0.69        0.70       0.78      Beat    11.2
 This summary was machine generated January 31 at 23:30 GMT.  All
figures in US dollars  unless otherwise stated