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.
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