Altisource Portfolio Q2 Adj. EPS $0.17 Misses $0.20 Estimate, Sales $48.730M Beat $44.000M Estimate

Altisource Portfolio Solutions S.A.

Altisource Portfolio Solutions S.A.

ASPS

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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 from the same period last year. The company reported quarterly sales of $48.730 million which beat the analyst consensus estimate of $44.000 million by 10.75 percent. This is a 19.47 percent increase over sales of $40.787 million the same period last year.