Angel Oak Mortgage (AOMR) Tops Q4 Earnings and Revenue Estimates

Group 1: Earnings Performance - Angel Oak Mortgage (AOMR) reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.25 per share, compared to a loss of $0.26 per share a year ago, representing an earnings surprise of 68% [1] - The company posted revenues of $31.87 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.22%, and showing an increase from year-ago revenues of $24.55 million [2] Group 2: Stock Performance and Outlook - Angel Oak shares have increased by approximately 3% since the beginning of the year, while the S&P 500 has declined by 0.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.30 on revenues of $30.95 million, and for the current fiscal year, it is $1.32 on revenues of $140.49 million [7] Group 3: Industry Context - The Financial - Mortgage & Related Services industry, to which Angel Oak belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Another company in the same industry, Finance of America Companies Inc. (FOA), is expected to report quarterly earnings of $0.45 per share, reflecting a year-over-year change of +150%, with revenues anticipated to be $79 million, down 71.4% from the previous year [9][10]