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 anticipated EPS of $-0.180 on revenue of $49.97M.
Altisource Portfolio Solutions shares are up 18% from the beginning of the year and are trading at $11.500 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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