💨 Abstract

PennyMac Mortgage Investment Trust reported a first-quarter profit of $9.7 million, with a net loss of 1 cent per share. This missed Wall Street expectations of 38 cents per share. The Westlake Village, California-based company posted revenue of $44.5 million. The results were generated by Automated Insights using data from Zacks Investment Research.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖