PennyMac MIT (PMT) Reports Q1 EPS of $0.50

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to PennyMac MIT (PMT) Reports Q1 EPS of $0.50

PennyMac Mortgage Investment Trust (PMT) PT Trimmed at Compass Point, 'Buy' Maintained

May 8, 2014 8:56 AM EDT

Compass Point analyst Kevin Barker reiterated a Buy rating on PennyMac Mortgage Investment Trust (NYSE: PMT) following Q1 results but trimmed his price target to $24.00 (from $25.00).

Barker comments, "Although PMT reported $0.50, we estimate the operating EPS was closer to $0.59 after we back out $12.5M related to the adjustments for capitalized interest from loan modifications and normalize the tax rate. We would not expect further adjustments to capitalized interest going forward. Absent the... More