Angel Oak(AOMR) ZACKS·2024-11-06 14:25Core Viewpoint - Angel Oak Mortgage reported a quarterly loss of 0.21, and showing an earnings surprise of -166.67% [1][2] Financial Performance - The company posted revenues of 23.9 million in the same quarter last year [2] - Over the last four quarters, Angel Oak has not surpassed consensus EPS estimates and has topped revenue estimates only once [2] Stock Performance - Angel Oak shares have declined approximately 14.7% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The current Zacks Rank for Angel Oak is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 32.6 million, and for the current fiscal year, it is 113.4 million [7] - The trend of estimate revisions for Angel Oak is mixed, which may change following the recent earnings report [6] Industry Context - The Financial - Mortgage & Related Services industry is currently in the top 8% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]