Angel Oak Mortgage (AOMR) Lags Q1 Earnings Estimates

Core Viewpoint - Angel Oak Mortgage (AOMR) reported quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.27 per share, but showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of -37.04% [1] Group 1: Earnings and Revenue Performance - The company posted revenues of $32.87 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.34%, compared to $25.21 million in the same quarter last year [2] - Over the last four quarters, the company has exceeded consensus revenue estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $34.18 million, and for the current fiscal year, it is $1.18 on revenues of $139.54 million [7] Group 2: Stock Performance and Market Comparison - Angel Oak shares have increased by approximately 2.9% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Group 3: Industry Outlook - The REIT and Equity Trust industry, to which Angel Oak belongs, is currently ranked in the bottom 45% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]