PennyMac Financial Servs (NYSE:PFSI) reported quarterly earnings of $1.39 per share which missed the analyst consensus estimate of $2.34 by 40.6 percent. This is a 39.83 percent decrease over earnings of $2.31 per share from the same period last year. The company reported quarterly sales of $497.000 million which missed the analyst consensus estimate of $584.500 million by 14.97 percent. This is a 11.75 percent increase over sales of $444.730 million the same period last year.