SPX4,257.66+50.39 1.20%
DIA336.52+2.81 0.84%
IXIC12,975.44+195.52 1.53%

Recap: Altisource Portfolio Q2 Earnings

  Altisource Portfolio (NASDAQ:ASPS) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 08:12

 

Altisource Portfolio (NASDAQ:ASPS) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

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

Earnings

Altisource Portfolio missed estimated earnings by 7.69%, reporting an EPS of $-0.7 versus an estimate of $-0.65.

Revenue was down $6.33 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 1.26% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.73 -0.77 -0.45 -0.49
EPS Actual -0.58 -0.86 -0.80 -0.69
Revenue Estimate 37.10M 39.56M 53.20M 54.15M
Revenue Actual 37.76M 36.94M 41.63M 43.97M

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.