PennyMac Mortgage Investment Trust expected to post earnings of 32 cents a share - Earnings Preview

Reuters · 01/29 11:26
PennyMac Mortgage Investment Trust <PMT.N> expected to post earnings of 32 cents a share - Earnings Preview
  • PennyMac Mortgage Investment Trust PMT.N, PMT is expected to show a rise 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 96.7% increase in revenue to $97.102 million from $49.37 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (SAL represents NET Investment/ Net revenue basis)

  • ​LSEG's mean analyst estimate for PennyMac Mortgage Investment Trust is for earnings of 32 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "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 Mortgage Investment Trust is $15.00​, above​ its last closing price of $14.96. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2023

0.30

0.30

0.51

Beat

69.7

Jun. 30 2023

0.35

0.35

0.16

Missed

-53.7

Mar. 31 2023

0.32

0.33

0.50

Beat

50.1​

Dec. 31 2022

0.37

0.38

-0.07

Missed

-118.5

​​Sep. 30 2022

0.08

0.25

0.01

Missed

-96

Jun. 30 2022

-0.09

0.23

-0.88

Missed

-484.3​

Mar. 31 2022

0.24

0.28

-0.32

Missed

-214

Dec. 31 2021

0.39

0.44

-0.28

Missed

-163.8

This summary was machine generated January 29 at 11:25 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)