PennyMac Mortgage: Q4 Earnings Insights

PennyMac Mortgage 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.

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.

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

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