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

Altisource Portfolio Solutions SA

27/07/2023 15:05

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 90 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for a loss of 56 cents per share.
    * Revenue fell 12.8% to $35.24 million from a year ago;
analysts
expected $39.76 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 90 cents​.
    * The mean earnings estimate of analysts had risen by
about 22.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Altisource Portfolio Solutions SA shares had risen by 6.1%
this
quarter and lost 36.0% so far this year.
    * The company reported a quarterly loss of $18.85 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 LSEG Refinitiv data July
27 at 02:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.55          -0.90          Missed
 Mar. 31 2023      -0.59          -0.38          Beat
 Dec. 31 2022      -0.61          -0.45          Beat
 Sep. 30 2022      -0.48          -0.70          Missed