Angel Oak Mortgage REIT Inc expected to post earnings of 18 cents a share - Earnings Preview
01/03/2024 14:22
* Angel Oak Mortgage REIT Inc AOMR.N AOMR.K is expected
to show a fall in quarterly revenue when it reports results on
March 5 for the period ending December 31 2023
* The Atlanta Georgia-based company is expected to report a
46.1% decrease in revenue to $9.002 million from $16.71 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Net Interest Income)
* LSEG's mean analyst estimate for Angel Oak Mortgage REIT
Inc is
for earnings of 18 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $10.00, below its last closing price
of $10.47.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.11 0.11 -0.36 Missed -417.7
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. 0.45 0.45 0.84 Beat 86.7
30 2022
Jun. 30 2022 0.48 0.47 0.93 Beat 96.5
Mar. 31 2022 0.62 0.60 -1.77 Missed -395
Dec. 31 2021 0.41 0.39 0.12 Missed -69.1
This summary was machine generated March 1 at 14:22 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)