PennyMac Mortgage Investment Trust-PennyMac Mortgage (PMT) Q4 Earnings Beat Estimates

PennyMac Mortgage (PMT) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of$ 0.41 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +17.05%. A quarter ago, it was expected that this specialty finance company would post earnings of$ 0.36 per share when it actually produced earnings of $0.55, delivering a surprise of +52.78%.Over the last four q ...