Angel Oak Mortgage REIT Inc expected to post earnings of 14  cents a share - Earnings Preview

Angel Oak Mortgage REIT

04/08/2023 19:34

* Angel Oak Mortgage REIT Inc  AOMR.N   AOMR.K  is expected
to show a fall in quarterly revenue when it reports  results on
August 8. 
    * The Atlanta Georgia-based  company is expected to report 
a
43.5% decrease in revenue to $9.277 million from $16.43 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Angel Oak Mortgage
REIT
Inc is for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "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 $8.25​, below​ its last closing price
of $9.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.16        0.20       -0.37     Missed  -285
 Dec. 31 2023  0.28        0.31       -2.50     Missed  -897.9
 Sep. 30 2022  0.45        0.45       0.84      Beat    86.7​
 Jun. 30 2022  0.48        0.47       0.93      Beat    96.5
 ​​Mar.        0.62        0.60       -1.77     Missed  -395
 31 2022                                                
 Dec. 31 2021  0.41        0.39       0.12      Missed  -69.1​
 Sep. 30 2021  0.35        0.35       0.25      Missed  -29.2
 Jun. 30 2021  0.53        0.53       0.13      Missed  -75.5
 This summary was machine generated August 4 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated