Angel Oak Mortgage (AOMR) Reports Q3 Loss, Lags Revenue Estimates

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.21. This compares to loss of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -166.67%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.13 per share when it actually produced a loss of $0.09, delivering a surprise of -169.23%.Over the last four quarters, the c ...