Angel Oak Mortgage REIT Q3 Adj EPS $(0.35) Misses $0.13 Estimate, Sales $7.41M Miss $8.38M Estimate
Portfolio Pulse from bharat@benzinga.com
Angel Oak Mortgage REIT (AOMR) reported Q3 losses of $0.35 per share, missing the analyst consensus estimate of $0.13 by 369.23%. This is a 141.67% decrease over earnings of $0.84 per share from the same period last year. The company also reported quarterly sales of $7.41 million, missing the analyst consensus estimate of $8.38 million by 11.58%. This is a 36.88% decrease over sales of $11.74 million the same period last year.

November 07, 2023 | 12:09 pm
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Angel Oak Mortgage REIT reported a significant decrease in Q3 earnings and sales, missing analyst estimates.
Angel Oak Mortgage REIT reported a significant decrease in Q3 earnings and sales, missing analyst estimates. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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