PennyMac (PFSI) Reports Q1 Earnings: What Key Metrics Have to Say

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 ...