Angel Oak Mortgage (AOMR) Reports Q3 Loss, Lags Revenue Estimates
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Angel Oak Mortgage (AOMR) reported a Q3 loss of $0.14 per share, missing the Zacks Consensus Estimate of $0.21. This is an improvement from the $0.35 per share loss a year ago.
November 06, 2024 | 2:45 pm
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Angel Oak Mortgage reported a Q3 loss of $0.14 per share, which was worse than the expected loss of $0.21 per share. However, this is an improvement from the $0.35 per share loss a year ago.
The reported loss of $0.14 per share is worse than the expected loss of $0.21, which is likely to negatively impact the stock price in the short term. However, the improvement from last year's loss of $0.35 per share may provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100