PennyMac Mortgage Investment Trust (NYSE:PMTpA.PFD)
$ 23.6999 -0.03 (-0.13%) Market Cap: - Enterprise Value: - PE Ratio: 8.95 PB Ratio: 0.82 GF Score: 74/100

Q1 2020 PennyMac Mortgage Investment Trust Earnings Call (Pre-recorded) Transcript

May 07, 2020 / 08:30PM GMT
Release Date Price: $21.61 (+1.12%)
Isaac Garden
PennyMac Mortgage Investment Trust - VP of IR

Good afternoon, and welcome to the first quarter earnings discussion for PennyMac Mortgage Investment Trust. The slides that accompany this discussion are available from PennyMac Mortgage Investment Trust website at www.pennymac-reit.com. Before we begin, please take a few moments to read the disclaimer on Slide 2 of the presentation. Thank you.

Now I'd like to introduce David Spector, PMT's President and Chief Executive Officer, who will discuss the company's first quarter results.

David A. Spector
PennyMac Mortgage Investment Trust - CEO, President & Trustee

Thank you, Isaac. For the first quarter 2020, PMT reported net loss attributable to common shareholders of $600.9 million or $5.99 per common share. PMT reports results through 4 segments: credit-sensitive strategies, which contributed $960.5 million in pretax loss; interest rate-sensitive strategies, which contributed $324.8 million in pretax income

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