PennyMac Mortgage: Q1 Earnings Snapshot

PennyMac Mortgage: Q1 Earnings Snapshot

WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — PennyMac Mortgage Investment Trust (PMT) on Tuesday reported first-quarter profit of $9.7 million. The Westlake Village, California-based company said it had net loss of 1 cent per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. The specialty finance company poste…

PennyMac Mortgage Investment Trust (NYSE:PMT) Shares Gap Down on Disappointing Earnings

PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report)’s stock price gapped down before the market opened on Wednesday following a dissappointing earnings announcement. The stock had previously closed at $13.21, but opened at $12.71. PennyMac Mortgage Investment Trust shares last traded at $12.65, with a volume of 347,675 shares changing hands. The real estate […]