PennyMac Financial Services-PennyMac Financial (PFSI) Q1 Earnings and Revenues Lag Estimates

PennyMac Financial (PFSI) came out with quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of$ 2.99 per share. This compares to earnings of $2.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -52.51%. A quarter ago, it was expected that this mortgage banking and investment management company would post earnings of$ 3.05 per share when it actually produced earnings of $2.88, delivering a surprise of - ...