What To Know Ahead Of PennyMac Financial Serivces ($PFSI) Q3 Earnings?

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PennyMac Financial Serivces (NYSE: PFSI) is scheduled to reveal its financial results for the third quarter on Tuesday 22nd October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.

Financial analysts on Wall Street are anticipating that the company will announce an estimated $2.90 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $511.41 million for this period.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.79 billion. Additionally, they are expecting the company to achieve per share profit of $8.54 for the fiscal year.

When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $1.77. This was attributed to the company's total revenue, which amounted to an impressive $400.31 million during that same period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.67 +140.5% 406.13 M +20.7%
Q1 2024 $2.48 +335.1% 305.66 M +0.9%
Q4 2023 $2.63 +182.8% 361.94 M +6.3%
Q3 2023 $1.77 -28.0% 400.31 M -16.0%
Q2 2023 $1.11 -51.3% 336.55 M -34.2%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 22nd October 2024 at 06:00 PM eastern time to discuss Q3 financial results.

PennyMac Financial Serivces (PFSI) closed Friday's regular trading session at $109.32, showing a 1.31 percent downfall, with a volume of 240.20 thousand shares.