Angel Oak Mortgage (AOMR) Reports Q4 Loss, Lags Revenue Estimates

Angel Oak Mortgage (AOMR) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.18. This compares to loss of $2.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -244.44%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.11 per share when it actually produced a loss of $0.35, delivering a surprise of -418.18%.Over the last four quarters, the c ...