Angel Oak Mortgage Inc reports results for the quarter ended in September - Earnings Summary
08/11/2022 14:33
* Angel Oak Mortgage Inc AOMR.N reported quarterly
adjusted
earnings of 84 cents per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 45 cents per share.
* Revenue fell 23.1% to $11.74 million from a year ago;
analysts
expected $18.50 million.
* Angel Oak Mortgage Inc's reported EPS for the quarter was
a loss
of $3.40.
* The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.
* In the last 30 days one analyst negatively revised an
earnings
estimate
* Angel Oak Mortgage Inc shares had fallen by 22.5% this
quarter and lost 43.3% so far this year.
* The company reported a quarterly loss of $83.35 million.
* Wall Street's median 12-month price target for Angel Oak
Mortgage Inc is $15.00
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
This summary was machine generated from Refinitiv data November
8 at 02:33 p.m. All figures in US dollars unless otherwise
stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2022 0.45 0.84 Beat
Jun. 30 2022 0.47 0.93 Beat
Mar. 31 2022 0.60 -1.77 Missed
Dec. 31 2021 0.39 0.12 Missed