PennyMac Mortgage: Q2 Earnings Snapshot
In this article:
WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — PennyMac Mortgage Investment Trust (PMT) on Thursday reported second-quarter net income of $24.6 million.
On a per-share basis, the Westlake Village, California-based company said it had net income of 16 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.
The specialty finance company posted revenue of $90.5 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PMT at https://www.zacks.com/ap/PMT
