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Angel Oak Mortgage REIT shares fall 7.99% intraday after missing Wall Street earnings expectations.
ByAinvest
Tuesday, Aug 5, 2025 2:37 pm ET1min read
Angel Oak Mortgage REIT, Inc. declined 7.99% intraday. The company reported earnings results for the second quarter and six months ended June 30, 2025, with net income of USD 0.767 million compared to a net loss of USD 0.273 million a year ago. However, the earnings missed Wall Street expectations, with adjusted earnings per share of 11 cents compared to the average estimate of 27 cents per share. Additionally, the company's revenue of USD 35.1 million fell short of Street forecasts of USD 36.2 million.
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