PennyMac Mortgage Q2 2024 GAAP EPS $0.17 Misses $0.34 Estimate, Sales $71.198M Miss $91.210M Estimate

PennyMac Mortgage (NYSE:PMT) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.34 by 50 percent. This is a 6.25 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $71.198 million which missed the analyst consensus estimate of $91.210 million by 21.94 percent. This is a 21.29 percent decrease over sales of $90.452 million the same period last year.