Altisource Portfolio Solutions (ASPS) Reports Q1 Loss, Tops Revenue Estimates

Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.08%. A quarter ago, it was expected that this real estate services firm would post a loss of $0.33 per share when it actually produced a loss of $0.37, delivering a surprise of -12.12%.Over the last four ...