PennyMac Financial Services-PennyMac Financial (PFSI) Q4 Earnings Surpass Estimates

PennyMac Financial (PFSI) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of$ 1.01 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 74.26%. A quarter ago, it was expected that this mortgage banking and investment management company would post earnings of$ 1.57 per share when it actually produced earnings of $1.77, delivering a surprise of 12 ...