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

Altisource Portfolio Solutions SA

07/03/2024 15:17

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 47 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of -45 cents.  The mean expectation of
two analysts for the quarter was for a loss of 42 cents per
share. Wall Street expected results to range from -43 cents
to -42 cents per share.
    * Revenue fell 1.9% to $34.16 million from a year ago;
analysts
expected $36.35 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 47 cents​.
    * The company reported a quarterly loss of $13.15 million.
    * Altisource Portfolio Solutions SA shares had fallen
by 17.7%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 March 7 at
03:16 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
 Dec. 31 2023      -0.42          -0.47          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