PennyMac Mortgage Investment Trust reports results for the quarter ended June 30 - Earnings Summary
PennyMac Mortgage Investment Trust reports results for the quarter ended June 30 - Earnings Summary
PennyMac Mortgage Investment Trust PMT.N reported quarterly adjusted earnings of 23 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of eight analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 25 cents to 36 cents per share.
Revenue rose 4% to $73.00 million from a year ago; analysts expected $95.45 million.
PennyMac Mortgage Investment Trust's reported EPS for the quarter was 23 cents.
The company reported quarterly net income of $20 million.
PennyMac Mortgage Investment Trust shares had fallen by 13.2% this quarter and lost 22.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 22.7% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "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 $12.00, about 19.3% above its last closing price of $9.69
This summary was machine generated from LSEG data July 29 at 11:54 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.30 | 0.23 | Missed |
Mar. 31 2026 | 0.38 | 0.16 | Missed |
Dec. 31 2025 | 0.40 | 0.48 | Beat |
Sep. 30 2025 | 0.36 | 0.55 | Beat |
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