Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

PennyMac Mortgage: Q4 Earnings Insights

PennyMac Mortgage (NYSE:PMT) reported its Q4 earnings results on Thursday, February 3, 2022 at 04:00 PM.

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

Earnings

PennyMac Mortgage missed estimated earnings by 163.64%, reporting an EPS of $-0.28 versus an estimate of $0.44, which surprised analysts.

Revenue was up $147.05 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.93, which was followed by a 4.18% drop in the share price the next day.

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

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.48 0.60 0.63 0.70
EPS Actual -0.45 0.32 0.67 0.78
Revenue Estimate 156.47M 175.47M 171.35M 171.64M
Revenue Actual 47.85M 121.57M 201.40M 196.53M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.