Earnings Outlook For PennyMac Financial Servs

PennyMac Financial Servs PFSI is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here's what investors need to know before the announcement.

Analysts estimate that PennyMac Financial Servs will report an earnings per share (EPS) of $1.10.

PennyMac Financial Servs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.49, which was followed by a 0.08% increase in the share price the next day.

Here's a look at PennyMac Financial Servs's past performance and the resulting price change:

Stock Performance

Shares of PennyMac Financial Servs were trading at $54.79 as of July 29. Over the last 52-week period, shares are down 14.41%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for PennyMac Financial Servs visit their earnings calendar on our site.

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