Recap: PennyMac Mortgage Q4 Earnings - PennyMac Mortgage IT (NYSE:PMT)

PennyMac Mortgage PMT reported its Q4 earnings results on Thursday, February 1, 2024 at 04:15 PM.

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

PennyMac Mortgage beat estimated earnings by 37.5%, reporting an EPS of $0.44 versus an estimate of $0.32.

Revenue was up $35.41 million from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 14.55% increase in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.30	0.35	0.33	0.38
EPS Actual	0.51	0.16	0.50	-0.07
Revenue Estimate	85.37M	108.18M	96.35M	103.78M
Revenue Actual	163.43M	90.45M	90.37M	49.37M

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.

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