Altisource Portfolio Solutions SA reports results for the quarter ended in September 30 - Earnings Summary

Altisource Portfolio Solutions SA

24/10/2024 17:23

* Altisource Portfolio Solutions SA  ASPS.OQ  reported a
quarterly
adjusted loss of 33 cents​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of -51 cents.  The mean expectation of
two analysts for the quarter was for a loss of 24 cents per
share. Wall Street expected results to range from -30 cents
to -18 cents per share.
    * Revenue rose 11.9% to $40.53 million from a year ago;
analysts
expected $45.78 million. 
    * Altisource Portfolio Solutions SA's reported EPS for the
quarter
was a loss of 33 cents​.
    * The company reported a quarterly loss of $9.36 million.
    * Altisource Portfolio Solutions SA shares had risen
by 15.8% this
quarter and lost 61.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 10.00 
This summary was machine generated from LSEG data October 24 at
04:23 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
 Sep. 30 2024      -0.24          -0.33          Missed
 Jun. 30 2024      -0.24          -0.29          Missed
 Mar. 31 2024      -0.39          -0.33          Beat
 Dec. 31 2023      -0.42          -0.47          Missed