Altisource Portfolio Solutions (ASPS) Reports Q4 Loss, Misses Revenue Estimates

Company Performance - Altisource Portfolio Solutions reported a quarterly loss of $0.37 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.33, but an improvement from a loss of $0.45 per share a year ago [1] - The company posted revenues of $32.21 million for the quarter, missing the Zacks Consensus Estimate by 6.25% and down from $32.81 million year-over-year [1] - Over the last four quarters, the company has surpassed consensus EPS estimates only once and has missed revenue estimates three times [1] Stock Performance - Altisource Portfolio shares have declined approximately 17.7% since the beginning of the year, contrasting with a 7% gain in the S&P 500 [2] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [4] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is -$0.34 on revenues of $35.15 million, while the estimate for the current fiscal year is -$1.30 on revenues of $163.67 million [4] - The trend of estimate revisions for Altisource Portfolio is mixed, which could change following the recent earnings report [4] Industry Context - The REIT and Equity Trust industry, to which Altisource Portfolio belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, indicating potential challenges ahead [5] - The performance of Altisource Portfolio may be influenced by the overall outlook of the industry [5]