PennyMac Financial (PFSI) Q3 Earnings Top Estimates

PennyMac Financial (PFSI) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $2.92 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.52%. A quarter ago, it was expected that this mortgage banking and investment management company would post earnings of $2.65 per share when it actually produced earnings of $2.67, delivering a surprise of 0. ...