Altisource Portfolio Solutions (ASPS) Reports Q2 Loss, Misses Revenue Estimates

Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this real estate services firm would post a loss of $0.26 per share when it actually produced a loss of $0.20, delivering a surprise of 23.08%.Over the last four qu ...