Altisource Portfolio Solutions S.A. Stock Earnings Report NASDAQ:ASPS
Current P/E ratio: -1.46 | Price (June 11, 2021, EOD): $7.14 (Find current average P/E ratios for all sectors below)
ASPS Upcoming EarningsCurrently no data available.
ASPS Analysts Price TargetsCurrently no data available.
About Altisource Portfolio Solutions S.A.
Altisource Portfolio Solutions S.A. operates as a marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries in the United States. The companys Mortgage Services segment offers services that span the mortgage and real estate lifecycle outsourced by loan servicers, loan originators, home investors, and other sellers of single family homes. It provides asset management, insurance, residential property valuation, origination management, and default management services. The companys Financial Services segment offers collection and customer relationship management services. It provides asset recovery management services, such as post-charge-off debt collection; and customer care, technical support, early stage collections, insurance call center, and administrative support services. The companys Technology Services segment offers REALServicing, an enterprise residential mortgage loan servicing platform; REALSynergy, a commercial real estate and multi-family loan servicing application; REALResolution, a technology platform that provides servicers with an automated default management and home retention solution; REALTrans, an electronic services marketplace platform; REALRemit, an electronic invoicing and payment system; REALDoc, an automated document management platform; REALAnalytics, a data analytics and delivery platform; and Equator, an integrated real estate management platform, as well as information technology infrastructure services. It also provides Mortgage Builder, a loan origination platform; and Pointillist, a cloud-based customer intelligence platform. The company serves utility companies, commercial banks, servicers, investors, non-bank originators and correspondent lenders, mortgage bankers, and financial services companies, as well as a government-sponsored enterprise. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg.
Last 3 Quarters for ASPS Premium
Below you can see how ASPS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
|Name||Number of firms||Average PE|
|Auto & Truck||13||15|
|Bank (Money Center)||7||11|
|Brokerage & Investment Banking||39||14|
|Business & Consumer Services||165||32|
|Coal & Related Energy||22||7|
|Electronics (Consumer & Office)||20||18|
|Environmental & Waste Services||82||70|
|Financial Svcs. (Non-bank & Insurance)||232||36|
|Green & Renewable Energy||22||88|
|Healthcare Support Services||128||131|
|Heathcare Information and Technology||129||132|
|Investments & Asset Management||192||120|
|Metals & Mining||92||37|
|Office Equipment & Services||22||16|
|Oil/Gas (Production and Exploration)||269||19|
|Packaging & Container||24||43|
|Publishing & Newspapers||31||28|
|Real Estate (Development)||20||146|
|Real Estate (General/Diversified)||12||31|
|Real Estate (Operations & Services)||57||23|
|Retail (Building Supply)||17||202|
|Retail (Grocery and Food)||13||38|
|Retail (Special Lines)||89||25|
|Shipbuilding & Marine||10||30|
|Software (System & Application)||363||144|
|Total Market (without financials)||5878||62|
Updated: Jan 2020
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