05:30 PM EDT, 07/23/2024 (MT Newswires) -- PennyMac Mortgage Investment Trust ( PMT ) reported Q2 net income late Tuesday of $0.17 per diluted share, up from a $0.16 a year ago.

Analysts polled by Capital IQ expected $0.35.

Revenue for the quarter ended June 30, presented as net investment income, fell to $71.2 million from $90.5 million a year earlier.

Four analysts surveyed by Capital IQ expected $89.3 million.

Shares fell over 4% in recent after-hours activity.

Price: 13.84, Change: -0.63, Percent Change: -4.35