Altisource Portfolio Solutions SA reports results for the quarter ended in June - Earnings Summary

Altisource Portfolio Solutions SA

28/07/2022 21:24

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 69 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for a loss of 65 cents per share.
    * Revenue fell 12.2% to $40.42 million from a year ago;
analysts
expected $38.00 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 96 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Altisource Portfolio Solutions SA shares had risen
by 11.7% this
quarter and gained 7.0% so far this year.
    * The company reported a quarterly loss of $15.5 million.
    * Wall Street's median 12-month price target for Altisource
Portfolio Solutions SA is $18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 08:23 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.65          -0.69          Missed
 Mar. 31 2022      -0.73          -0.58          Beat
 Dec. 31 2021      -0.77          -0.86          Missed
 Sep. 30 2021      -0.45          -0.80          Missed