PennyMac Financial Services, Inc. Reports Second Quarter 2020 Results and Increases Quarterly Dividend

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Go back to PennyMac Financial Services, Inc. Reports Second Quarter 2020 Results and Increases Quarterly Dividend

Pennymac Financial Services (PFSI) Tops Q2 EPS by $1.50, Revenues Beat

August 6, 2020 4:40 PM EDT

Pennymac Financial Services (NYSE: PFSI) reported Q2 EPS of $4.39, $1.50 better than the analyst estimate of $2.89. Revenue for the quarter came in at $821.63 million versus the consensus estimate of $661.29 million.

During this period of historically low interest rates and disruption in the economy, PennyMac Financial was, and remains, a consistent and constructive source of new capital for consumers seeking to purchase a home or refinance... More