PennyMac Mortgage: Q2 Earnings Insights

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.

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.

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

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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