Angel Oak Mortgage Exceeds Q4 Earnings and Revenue Estimates, Zacks Rank Remains at Hold

Angel Oak Mortgage (AOMR) reported Q4 earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. Revenues of $39.03 million exceeded estimates by 0.47%. The company has topped consensus revenue estimates two times over the last four quarters. Shares have lost 3.1% YTD, underperforming the S&P 500's 0.7% gain. The Zacks Rank is #3 (Hold), indicating expected in-line performance with the market.