Angel Oak Mortgage (AOMR) Misses Q2 Earnings and Revenue Estimates

Angel Oak Mortgage (AOMR) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to a loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -59.26%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.27 per share when it actually produced earnings of $0.17, delivering a surprise of -37.04%.Over the last four ...