PennyMac Mortgage: 1Q Earnings Snapshot
WESTLAKE VILLAGE, Calif. (AP) _ PennyMac Mortgage Investment Trust (PMT) on Thursday reported first-quarter net income of $28.2 million.
On a per-share basis, the Westlake Village, California-based company said it had profit of 35 cents.
The specialty finance company posted revenue of $75.7 million in the period.
PennyMac Mortgage shares have risen 9 percent since the beginning of the year. The stock has declined roughly 1 percent in the last 12 months._____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PMT at https://www.zacks.com/ap/PMT