Angel Oak Mortgage REIT: Q1 Earnings Insights

Angel Oak Mortgage REIT AOMR reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Angel Oak Mortgage REIT missed estimated earnings by 285.0%, reporting an EPS of $-0.37 versus an estimate of $0.2.

Revenue was down $10.14 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $2.81 which was followed by a 1.92% increase in the share price the next day.

To track all earnings releases for Angel Oak Mortgage REIT visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.