PennyMac Mortgage: Q2 Earnings Insights

PennyMac Mortgage: Q2 Earnings Insights

PennyMac Mortgage PMT reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

PennyMac Mortgage missed estimated earnings by 482.61%, reporting an EPS of $-0.88 versus an estimate of $0.23.

Revenue was down $100.07 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.58 which was followed by a 0.44% drop in the share price the next day.

Here's a look at PennyMac Mortgage's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.26 0.44 0.48 0.60
EPS Actual -0.32 -0.28 -0.45 0.32
Revenue Estimate 110.32M 145.20M 156.47M 175.47M
Revenue Actual 81.84M 49.48M 47.85M 121.57M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.26 0.44 0.48 0.60
EPS Actual -0.32 -0.28 -0.45 0.32
Revenue Estimate 110.32M 145.20M 156.47M 175.47M
Revenue Actual 81.84M 49.48M 47.85M 121.57M

To track all earnings releases for PennyMac Mortgage visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings