Investing.com - PennyMac Financial reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PennyMac Financial announced earnings per share of $2.46 on revenue of $559.3M. Analysts polled by Investing.com EPS of $1.13 on revenue of $416.15M.
PennyMac Financial 's are down 13% and is trading at $52.40 , still down 26.74% from its 52 week high of $71.52 set on Thursday, December 30, 2021.
PennyMac Financial follows other major Financial sector earnings this month
PennyMac Financial's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar