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PennyMac Mortgage's (PMT) earnings estimates are moving higher, with a Zacks Rank of #2 (Buy). Analysts are raising their estimates for the specialty finance company, which has a strong correlation with stock price movements. The company's earnings estimate for the current quarter is $0.41 per share, up 11.45% over the last 30 days. For the full year, the earnings estimate is $0.82 per share, up 21.67% over the same period.

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