PennyMac Mortgage (PMT) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended September 2024, PennyMac Mortgage (PMT) reported revenue of $80.86 million, down 50.5% over the same period last year. EPS came in at $0.36, compared to $0.51 in the year-ago quarter.The reported revenue represents a surprise of -13.75% over the Zacks Consensus Estimate of $93.75 million. With the consensus EPS estimate being $0.37, the EPS surprise was -2.70%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...