Altisource Portfolio Q3 Adj $(0.44) Beats $(0.51) Estimate, Sales $34.11M Miss $39.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Altisource Portfolio (NASDAQ:ASPS) reported Q3 losses of $(0.44) per share, beating the analyst consensus estimate of $(0.51) by 13.73%. However, the company's quarterly sales of $34.11 million missed the analyst consensus estimate of $39.37 million by 13.36%. This represents a 6.00% decrease over sales from the same period last year.
October 26, 2023 | 11:09 am
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Altisource Portfolio's Q3 earnings beat estimates but sales missed expectations. This mixed result could lead to uncertainty in the market.
Altisource Portfolio's Q3 earnings beat estimates, which is positive for the stock. However, the company's sales missed expectations, which is negative. These mixed results could lead to uncertainty in the market, making it difficult to predict the short-term impact on the stock price.
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