Pennymac Mortgage Investment Trust

Q2 FY2026 EarningsQ2 FY26 missed consensus expectations across core earnings and top-line metrics: Revenue of $72.7M missed the $94.0M estimate by 22.6%, and EPS of $0.23 fell 24.5% short of the $0.30 consensus. While total GAAP Net Income of $30.9M nominally beat the $28.5M estimate, this was heavily supported by a $14.1M non-recurring tax benefit, while net income attributable to common shareholders was only $20.5M. Book Value per Share (BPS) also saw a slight erosion to $14.83, missing the $14.91 consensus by 0.54%.