Angel Oak Mortgage REIT Inc expected to post earnings of 11  cents a share - Earnings Preview

Angel Oak Mortgage REIT

03/11/2023 17:54

* Angel Oak Mortgage REIT Inc  AOMR.N   AOMR.K  is expected
to show a fall in quarterly revenue when it reports  results on
November 7. 
    * The Atlanta Georgia-based  company is expected to report 
a
28.6% decrease in revenue to $8.378 million from $11.74 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Angel Oak Mortgage
REIT
Inc is for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Angel Oak
Mortgage REIT Inc is $10​, above​ its last closing price
of $8.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.15        0.14       -0.16     Missed  -215.9
 Mar. 31 2023  0.16        0.20       -0.37     Missed  -285
 Dec. 31 2022  0.28        0.31       -2.50     Missed  -897.9
                                                        ​
 Sep. 30 2022  0.45        0.45       0.84      Beat    86.7
 ​​Jun.        0.48        0.47       0.93      Beat    96.5
 30 2022                                                
 Mar. 31 2022  0.62        0.60       -1.77     Missed  -395​
 Dec. 31 2021  0.41        0.39       0.12      Missed  -69.1
 Sep. 30 2021  0.35        0.35       0.25      Missed  -29.2
 This summary was machine generated November 3 at 17:53 GMT.  All
figures in US dollars  unless otherwise stated