Angel Oak Mortgage (AOMR) Reports Q2 Loss, Tops Revenue Estimates

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.13. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -169.23%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.18 per share when it actually produced earnings of $0.11, delivering a surprise of -38.89%.Over the last four quarters, the ...