Mortgage banking company PennyMac Financial Services (NYSE: PFSI) will be reporting earnings this Thursday after market close. Here’s what to expect.

PennyMac Financial Services beat analysts’ revenue expectations by 9% last quarter, reporting revenues of $637.1 million, up 11.3% year on year. It was an exceptional quarter for the company, with a solid beat of analysts’ net interest income estimates and an impressive beat of analysts’ revenue estimates.

Is PennyMac Financial Services a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting PennyMac Financial Services’s revenue to grow 19.1% year on year to $640.5 million, slowing from the 22.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.23 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. PennyMac Financial Services has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 4.4% on average.

Looking at PennyMac Financial Services’s peers in the banks segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Northwest Bancshares delivered year-on-year revenue growth of 15.4%, meeting analysts’ expectations, and WaFd Bank reported revenues up 7.6%, falling short of estimates by 2.6%. Northwest Bancshares’s stock price was unchanged after the resultswhile WaFd Bank was down 4%.

Read our full analysis of Northwest Bancshares’s results here and WaFd Bank’s results here.

There has been positive sentiment among investors in the banks segment, with share prices up 3.4% on average over the last month. PennyMac Financial Services is up 11.9% during the same time and is heading into earnings with an average analyst price target of $154.75 (compared to the current share price of $149.52).

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