PennyMac Mortgage Investment Trust reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported net income was USD 52.91 million compared to USD 4.66 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to basic loss per share from continuing operations of USD 0.07 a year ago.

Diluted earnings per share from continuing operations was USD 0.44 compared to diluted loss per share from continuing operations of USD 0.07 a year ago.