PennyMac Mortgage (NYSE:PMT) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.39 by 22.14 percent. This is a 17.07 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $93.563 million which missed the analyst consensus estimate of $97.713 million by 4.25 percent. This is a 13.31 percent decrease over sales of $107.927 million the same period last year.