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

PennyMac Mortgage Investment Trust

27/04/2023 23:35

* PennyMac Mortgage Investment Trust  PMT.N  reported
quarterly
adjusted earnings of 50 cents​​ per share for the quarter ended
in March. The mean expectation of ten analysts for the quarter
was for earnings of 33 cents per share.
    * Revenue rose 10.4% to $90.37 million from a year ago;
analysts
expected $96.35 million. 
    * PennyMac Mortgage Investment Trust's reported EPS for the
quarter was 50 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * PennyMac Mortgage Investment Trust shares had fallen
by 6.1%
this quarter and lost 6.5% so far this year.
    * The company reported quarterly net income of $50.24
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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 10:35 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.33           0.50           Beat
 Dec. 31 2022      0.38           -0.07          Missed
 Sep. 30 2022      0.25           0.01           Missed
 Jun. 30 2022      0.23           -0.88          Missed