PennyMac Financial Services Inc expected to post earnings of $1.49 a share - Earnings Preview

Reuters · 01/29 11:14
PennyMac Financial Services Inc <PFSI.N> expected to post earnings of $1.49 a share - Earnings Preview
  • PennyMac Financial Services Inc PFSI.N, PFSI.K is expected to show a fall in quarterly revenue when it reports results on January 31 (estimated) for the period ending December 31 2023

  • The Westlake Village California-based company is expected to report a 7.4% decrease in revenue to $411.451 million from $444.4 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data. (Sal is on revenue basis)

  • ​LSEG's mean analyst estimate for PennyMac Financial Services Inc is for earnings of $1.49 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for PennyMac Financial Services Inc is $100.00​, above​ its last closing price of $87.63. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2023

1.67

1.69

1.77

Beat

4.7

Jun. 30 2023

1.53

1.49

1.11

Missed

-25.6

Mar. 31 2023

1.05

1.06

0.57

Missed

-46.3​

Dec. 31 2022

1.06

1.06

0.71

Missed

-33.1

​​Sep. 30 2022

1.13

1.13

2.46

Beat

117.6

Jun. 30 2022

1.10

1.10

2.28

Beat

106.7​

Mar. 31 2022

2.25

2.45

2.94

Beat

20.1

Dec. 31 2021

3.57

3.57

2.79

Missed

-21.8

This summary was machine generated January 29 at 11:14 GMT. 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)