PennyMac Financial Services Q2 Adjusted Earnings Fall, Revenue Rises

MT Newswires Live

07/30

PennyMac Financial Services (PFSI) reported Q2 adjusted earnings late Wednesday of $1.39 per diluted share, down from $2.31 a year earlier.

Analysts polled by FactSet expected $2.11.

Revenue for the quarter ended June 30 was $497 million, up from $445 million a year earlier.

Analysts expected $571.6 million.

Shares of PennyMac Financial Services were down 4.7% in after-hours trading.

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