Altisource Portfolio Options (ASPS) Lags This fall Earnings Estimates

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Altisource Portfolio Options (ASPS) Lags This fall Earnings Estimates

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Altisource Portfolio Options (ASPS) got here out with quarterly earnings of $0.26 per share, lacking the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.59 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -45.83%. 1 / 4 in the past, it was anticipated that this actual property companies agency would submit earnings of $0.38 per share when it really produced earnings of $0.25, delivering a shock of -34.21%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Altisource Portfolio, which belongs to the Zacks REIT and Fairness Belief trade, posted revenues of $132.57 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 4.94%. This compares to year-ago revenues of $210.95 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.



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