Investing.com - Altisource Portfolio Solutions reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Altisource Portfolio Solutions announced earnings per share of $-0.700 on revenue of $38.38M. Analysts polled by Investing.com EPS of $-0.180 on revenue of $49.97M.
Altisource Portfolio Solutions 's are up 18% and is trading at $11.500 , still down 16.88% from its 52 week high of $13.84 set on Wednesday, November 3, 2021.
Altisource Portfolio Solutions follows other major Real Estate sector earnings this month
Altisource Portfolio Solutions's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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