Altisource Portfolio Q2 Adj. EPS $0.17 Misses $0.20 Estimate, Sales $48.730M Beat $44.000M Estimate
Altisource Portfolio (NASDAQ:ASPS) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.20 by 15 percent. This is a 10.53 percent decrease over earnings of $0.19 per share
Altisource made more money from selling things than people expected, but earned less profit per share than analysts thought it would. When a company sells more but makes less profit, it might mean their costs went up or they had other problems.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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