Penny
PennyMac Monetary (PFSI) got here out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $0.63 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 19.75%. 1 / 4 in the past, it was anticipated that this mortgage banking and funding administration firm would publish earnings of $1.25 per share when it truly produced earnings of $1.51, delivering a shock of 20.80%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
PennyMac, which belongs to the Zacks Monetary – Mortgage & Associated Companies business, posted revenues of $490.38 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 7.83%. This compares to year-ago revenues of $251.20 million. The corporate has topped consensus income estimates 4 occasions over the past 4 quarters.
…