Picture of Angel Oak Mortgage REIT logo

AOMR Angel Oak Mortgage REIT News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedSmall CapTurnaround

Angel Oak Mortgage REIT Inc expected to post earnings of 19 cents a share - Earnings Preview

* Angel Oak Mortgage REIT Inc  AOMR.N   AOMR.K  is expected
to show a rise in quarterly revenue when it reports  results on
May 7 for the period ending March 31 2024
    * The Atlanta Georgia-based  company is expected to report a
38.5% increase in revenue to $9.413 million from $6.8 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Angel Oak Mortgage REIT
Inc is
for earnings of 19 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 $11.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.17        0.18       -0.26     Missed  -246.5
 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.        0.28        0.31       -2.50     Missed  -897.9
 31 2022                                                
 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. 31 2022  0.62        0.60       -1.77     Missed  -395
 This summary was machine generated May 3 at 16:14 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)

Recent news on Angel Oak Mortgage REIT

See all news