PennyMac Mortgage (NYSE:PMT) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.37 by 56.76 percent. This is a 1700 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $82.134 million which missed the analyst consensus estimate of $91.547 million by 10.28 percent. This is a 84.72 percent increase over sales of $44.465 million the same period last year.