Angel Oak Mortgage Inc reports results for the quarter ended in December - Earnings Summary

Angel Oak Mortgage REIT

15/03/2022 21:58

* Angel Oak Mortgage Inc  AOMR.N  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 39 cents per share.
    * Revenue was $22.79 million​;  analysts expected $15.43
million. 
    * Angel Oak Mortgage Inc's reported EPS for the quarter was
12
cents​.
    * The mean earnings estimate of analysts had risen by
about 4% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Angel Oak Mortgage Inc shares had fallen by 11.5% this
quarter.
    * The company reported quarterly net income of $3.05
million.
    * Wall Street's median 12-month price target for Angel Oak
Mortgage Inc is $19.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 15 at 09:58 p.m.  ​All
figures in US dollars unless otherwise stated