(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 5.4MM | +87% |
Operating Income | -54.2MM | -143% |
Operating Expenses | 416.2MM | +52% |
Net Income | -36.8MM | -140% |
Marketing | 4.2MM | -10% |
Compensation | 135.1MM | -14% |
Technology | 32.9MM | -16% |
Professional Service | 9.7MM | -19% |
Interest Expense | 170.5MM | +9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
In this article, we will be navigating through the 11 tips to get approved for a mortgage. If you wish to skip our detailed analysis, you can move directly to the 5 Tips to Get Approved for a Mortgage. The Global Mortgage Market According to a report by Allied Market Research, the global mortgage lending […]
Q1 2024 PennyMac Financial Services Inc Earnings Call
Explore the detailed financial performance and strategic directions discussed in PennyMac Financial Services Inc's first quarter earnings call.
Loan production income shrank in the first quarter, but the company’s servicing business continues to grow
The headline numbers for PennyMac (PFSI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Net Income and Revenue Fall Short as Challenges in Mortgage Banking Persist
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of 21.88% and 15.15%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
WESTLAKE VILLAGE, Calif., April 24, 2024--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $39.3 million for the first quarter of 2024, or $0.74 per share on a diluted basis, on revenue of $305.7 million. Book value per share decreased to $70.13 from $70.52 at December 31, 2023.
PennyMac Mortgage (PMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Get a deeper insight into the potential performance of PennyMac (PFSI) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.