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PMT — PennyMac Mortgage Investment Trust News Story

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PennyMac Mortgage Investment Trust reports results for the quarter ended June 30 - Earnings Summary

PennyMac Mortgage Investment Trust PMT.N reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 17 cents.  The mean expectation of eight analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 33 cents to 45 cents per share.

Revenue fell 1.4% to $70.20 million from a year ago; analysts expected $94.28 million.

PennyMac Mortgage Investment Trust's reported EPS for the quarter was a loss of 4 cents​.

The company reported a quarterly loss of $2.92 million.

PennyMac Mortgage Investment Trust shares had fallen by 3.0% this quarter and lost 0.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is  "buy."

Wall Street's median 12-month price target for PennyMac Mortgage Investment Trust is $13.50, about 6% above its last closing price of $12.69

This summary was machine generated from LSEG data July 22 at 09:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.37-0.04Missed
Mar. 31 20250.39-0.01Missed
Dec. 31 20240.360.41Beat
Sep. 30 20240.360.36Met

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