05:02 PM EDT, 10/22/2024 (MT Newswires) -- PennyMac Financial Services ( PFSI ) reported Q3 earnings late Tuesday of $1.30 per diluted share, down from $1.77 a year earlier.

Analysts polled by Capital IQ expected $2.68.

Net revenue for the quarter ended Sept. 30 rose to $411.8 million from $400.3 million a year earlier.

Analysts surveyed by Capital IQ expected $488.4 million.

The company's board declared a Q3 dividend of $0.30 a share, payable Nov. 27 to stockholders of record as of Nov. 18.

PennyMac shares were down 3.4% in after-hours activity.

Price: 100.07, Change: -3.57, Percent Change: -3.44