PennyMac Mortgage Investment Trust reports results for the quarter ended in December - Earnings Summary

PennyMac Mortgage Investment Trust

02/02/2023 23:32

* PennyMac Mortgage Investment Trust  PMT.N  reported a
quarterly
adjusted loss of 7 cents​​ per share for the quarter ended in
December. The mean expectation of ten analysts for the quarter
was for earnings of 38 cents per share.
    * Revenue fell 0.2% to $49.37 million from a year ago;
analysts
expected $103.78 million. 
    * PennyMac Mortgage Investment Trust's reported EPS for the
quarter was a loss of 7 cents​.
    * The mean earnings estimate of analysts had risen by
about 7.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * PennyMac Mortgage Investment Trust shares had risen
by 24.3%
this quarter.
    * The company reported a quarterly loss of $5.79 million.
    * Wall Street's median 12-month price target for PennyMac
Mortgage
Investment Trust is $15.00 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 11:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.38           -0.07          Missed
 Sep. 30 2022      0.25           0.01           Missed
 Jun. 30 2022      0.23           -0.88          Missed
 Mar. 31 2022      0.28           -0.32          Missed