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

Altisource Portfolio Solutions SA

30/03/2023 13:43

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 45 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of 61 cents per share.
    * Revenue fell 10.1% to $34.80 million from a year ago;
analysts
expected $33.40 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 70 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Altisource Portfolio Solutions SA shares had fallen
by 51.2%
this quarter.
    * 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
March 30 at 12:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.61          -0.45          Beat
 Sep. 30 2022      -0.48          -0.70          Missed
 Jun. 30 2022      -0.65          -0.69          Missed
 Mar. 31 2022      -0.73          -0.58          Beat