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

Altisource Portfolio Solutions SA

25/04/2024 16:18

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 20 cents​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of -38 cents.  The mean expectation of two analysts
for the quarter was for a loss of 39 cents per share. Wall
Street expected results to range from -43 cents to -35 cents per
share.
    * Revenue rose 0% to $39.47 million from a year ago;
analysts
expected $34.98 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 33 cents​.
    * The company reported a quarterly loss of $9.2 million.
    * Altisource Portfolio Solutions SA shares had fallen
by 12.4%
this quarter and lost 52.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the real estate
services peer group is  "hold."

Wall Street's median 12-month price target for Altisource
Portfolio Solutions SA is $18.00 
This summary was machine generated from LSEG data April 25 at
03:18 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.39          -0.20          Beat
 Dec. 31 2023      -0.42          -0.47          Missed
 Sep. 30 2023      -0.51          -0.51          Met
 Jun. 30 2023      -0.55          -0.90          Missed