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

PennyMac Mortgage Investment Trust

27/10/2022 23:35

* PennyMac Mortgage Investment Trust  PMT.N  reported
quarterly
adjusted earnings of 1 cent​​ per share for the quarter ended in
September. The mean expectation of eleven analysts for the
quarter was for earnings of 25 cents per share.
    * Revenue rose 215.7% to $151.07 million from a year ago;
analysts
expected $117.25 million. 
    * PennyMac Mortgage Investment Trust's reported EPS for the
quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 32.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * PennyMac Mortgage Investment Trust shares had risen
by 7.0% this
quarter and lost 27.3% so far this year.
    * The company reported quarterly net income of $1.46
million.
    * Wall Street's median 12-month price target for PennyMac
Mortgage
Investment Trust is $15.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 10:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.44           -0.28          Missed