Market Overview

After-Hours Movers Led By Altisource, Everday Health And Big 5 Sporting Goods

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Shares of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) were trading up almost 40 percent on Tuesday’s after-hours session, recuperating much of the ground lost (about 44.3 percent) over the past couple of days.

The tumble, in turn, had been driven by revenue miss, and news about Ocwen Financial Corp (NYSE: OCN) undergoing one more SEC probes into its operations with a few entities including Altisource Portfolio Solutions.

Shares of Ocwen were also trading up almost 3 percent in Tuesday’s after-hours session, making up for the 65.9 percent losses seen between Monday and Tuesday.

On the other hand, the largest decliner of the evening was Big 5 Sporting Goods Corporation (NASDAQ: BGFV), down more than 17 percent on its fourth quarter earnings call.

However, the company posted earnings of $0.22 per share, $0.03 above the Street’s consensus, on revenue of $275 million, up 9.9 percent year-over-year, and $1.57 million ahead of estimates.

In the New York Stock Exchange, Everyday Health Inc (NYSE: EVDY) saw the largest move since the bell rang, having gained almost 29 percent after reporting its fourth quarter financial results.

The digital health and wellness solutions provider delivered earnings of $0.59 per share, beating the Steet’s consensus of $0.45 per share; revenue of $81.7 million, up 29.6 percent year-over-year, beat expectations by $5.53 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: Earnings News After-Hours Center Movers


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