Altisource Portfolio: Q3 Earnings Insights

Altisource Portfolio: Q3 Earnings Insights

Altisource Portfolio ASPS reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

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

Earnings

Altisource Portfolio missed estimated earnings by 45.83%, reporting an EPS of $-0.7 versus an estimate of $-0.48.

Revenue was down $5.34 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 2.53% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.65 -0.73 -0.77 -0.45
EPS Actual -0.70 -0.58 -0.86 -0.80
Revenue Estimate 38.02M 37.10M 39.56M 53.20M
Revenue Actual 37.64M 37.76M 36.94M 41.63M

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.

Posted In: BZI-RecapsEarnings