Recap: Altisource Portfolio Q1 Earnings

 

Altisource Portfolio ASPS reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Altisource Portfolio beat estimated earnings by 20.55%, reporting an EPS of $-0.58 versus an estimate of $-0.73.

Revenue was down $10.32 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 3.12% increase in the share price the next day.

Here's a look at Altisource Portfolio's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.77 -0.45 -0.49 -0.35
EPS Actual -0.86 -0.80 -0.69 -0.91
Revenue Estimate 39.56M 53.20M 54.15M 49.25M
Revenue Actual 36.94M 41.63M 43.97M 48.08M

To track all earnings releases for Altisource Portfolio visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps

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