Angel Oak Mortgage (AOMR) Lags Q1 Earnings Estimates

Angel Oak Mortgage (AOMR) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -37.04%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.25 per share when it actually produced earnings of $0.42, delivering a surprise of 68%.Over the last four q ...