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

Altisource Portfolio Solutions SA

26/10/2023 14:33

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 51 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 51 cents per share.
    * Revenue fell 0.2% to $36.21 million from a year ago;
analysts
expected $39.38 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 51 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.3%
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 10.3% this
quarter and lost 53.5% so far this year.
    * The company reported a quarterly loss of $11.34 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
October 26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.51          -0.51          Met
 Jun. 30 2023      -0.55          -0.90          Missed
 Mar. 31 2023      -0.59          -0.38          Beat
 Dec. 31 2022      -0.61          -0.45          Beat