Altisource Portfolio Solutions (ASPS) Scheduled to Post Earnings on Thursday

Posted by AM Reporter Staff on Apr 24th, 2024

Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Altisource Portfolio Solutions to post earnings of ($0.31) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Altisource Portfolio Solutions (NASDAQ:ASPS – Get Free Report) last posted its quarterly earnings results on Thursday, March 7th. The business services provider reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.03). The business had revenue of $32.21 million for the quarter, compared to analyst estimates of $34.36 million.

Altisource Portfolio Solutions Stock Down 2.4 %

NASDAQ:ASPS opened at $1.66 on Wednesday. The company has a fifty day simple moving average of $2.31 and a two-hundred day simple moving average of $3.15. The company has a market cap of $44.74 million, a price-to-earnings ratio of -0.64 and a beta of 1.04. Altisource Portfolio Solutions has a 52 week low of $1.38 and a 52 week high of $6.79.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Altisource Portfolio Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th.

Check Out Our Latest Stock Report on ASPS

About Altisource Portfolio Solutions

(Get Free Report)

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.