PennyMac Financial reported second-quarter earnings of $1.39 per share, missing the Zacks Consensus Estimate of $2.08 per share by 33.17%. Revenue came in at $497 million, falling 7.18% short of the consensus estimate. The company's earnings per share improved from $1.02 a year ago, while revenue increased from $444.73 million. PennyMac shares have lost about 35% year-to-date, compared with an 8.5% gain for the S&P 500. The current consensus EPS estimate for the coming quarter is $2.49 on $590.97 million in revenues, and $9.77 on $2.29 billion for the fiscal year.
PennyMac Finl Svcs IncPennyMac Financial missed Q2 earnings and revenue estimates, with EPS of $1.39 vs. consensus $2.08 and revenue of $497M vs. $535M.
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