Production Segment 4 The components of net gains on loans held for sale are detailed in the following table: | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------|-------|-------|-----------------|---------------|---------------------------------------|-------|-----------------| | | | | June 30, 2024 | Quarter \n(in | ended \nMarch 31, 2024 \nthousands) | | June 30, 2023 | | Receipt of MSRs | $ | | 541,207 | $ | ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38727 PennyMac Financial Services, Inc. (Exact name of registrant as specified in its charter) (State or other ...

PennyMac Financial (PFSI) reported $305.66 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.9%. EPS of $2.48 for the same period compares to $0.57 a year ago.The reported revenue represents a surprise of -27.72% over the Zacks Consensus Estimate of $422.87 million. With the consensus EPS estimate being $2.34, the EPS surprise was +5.98%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

PennyMac Financial Services, Inc. (NYSE:PFSI) Q1 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Company Participants David Spector - Chairman and CEO Dan Perotti - Chief Financial Officer Conference Call Participants Bose George - KBW Doug Harter - UBS Crispin Love - Piper Sandler Kyle Joseph - Jefferies Terry Ma - Barclays Eric Hagen - BTIG Operator Good afternoon and welcome to PennyMac Financial Services Inc.’s First Quarter 2024 Earnings Call. Additional earnings materials, including presentati ...

WESTLAKE VILLAGE, Calif. – April 24, 2024 – PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $39.3 million for the first quarter of 2024, or $0.74 per share on a diluted basis, on revenue of $305.7 million. Book value per share decreased to $70.13 from $70.52 at December 31, 2023. PFSI's Board of Directors declared a first quarter cash dividend of $0.20 per share, payable on May 24, 2024, to common stockholders of record as of May 14, 2024. First Quarter 2024 Highlights Exhibit 99 ...

PennyMac Financial (PFSI) closed the latest trading day at $87, indicating a +0.75% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.22%. Meanwhile, the Dow experienced a rise of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.52%.Shares of the mortgage banking and investment management company witnessed a loss of 3.47% over the previous month, beating the performance of the Finance sector with its loss of 6.38% and underperforming the S&P 500's loss of ...

PennyMac Financial (PFSI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this mortgage banking and investment management company have returned -3.5%, compared to the Zacks S&P 500 composite's -1.7% change. During this period, the Zacks Financial - Mortgage & Related Services industry, which PennyMac falls in, has lost 5.8%. The key question now is: What ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider PennyMac Financial (PFSI) . This company, which is in the Zacks Financial - Mortgage & Related Services industry, shows potential for another earnings beat.This mortgage banking and investment management company has an established record of topping earnings estimates, especially when looking at the previous two reports. The co ...

PennyMac Financial (PFSI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, April 5:Texas Pacific Land Corporation (TPL) :  This land and resource management company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.Texas Pacific Land Corporation's shares gained 16.6% over the last three months compared with the S&P 500’s advance of 7.7%. The company possesses a Momentum Score of B.PennyMac Financial ...