PennyMac Mortgage (NYSE:PMT) reported quarterly earnings of $0.23 per share which missed the analyst consensus estimate of $0.30 by 23.33 percent. This is a 675 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $73.000 million which missed the analyst consensus estimate of $95.450 million by 23.52 percent. This is a 3.99 percent increase over sales of $70.201 million the same period last year.