PennyMac Mortgage Investment Trust Q4 Earnings Decline, Revenue Increases

MT Newswires Live

01-31

PennyMac Mortgage Investment Trust (PMT) reported Q4 earnings late Thursday of $0.41 per diluted share, down from $0.44 a year earlier.

Analysts polled by FactSet expected $0.36.

Revenue for the quarter ended Dec. 31, presented as net investment income, rose to $107.9 million from $84.8 million a year earlier.

Analysts polled by FactSet expected $93.9 million.

Shares of the company traded 1.2% higher in after-hours activity.

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