Front Yard Residential Corporation (RESI) EPS Estimated At $0.04

October 11, 2018 - By Adrian Mccoy

Analysts expect Front Yard Residential Corporation (NYSE:RESI) to report $0.04 EPS on November, 6.They anticipate $0.84 EPS change or 105.00 % from last quarter’s $-0.8 EPS. RESI’s profit would be $2.14M giving it 63.25 P/E if the $0.04 EPS is correct. After having $-0.40 EPS previously, Front Yard Residential Corporation’s analysts see -110.00 % EPS growth. The stock decreased 2.50% or $0.26 during the last trading session, reaching $10.12. About 887,906 shares traded or 91.89% up from the average. Front Yard Residential Corporation (NYSE:RESI) has declined 1.06% since October 11, 2017 and is downtrending. It has underperformed by 16.68% the S&P500.

Altisource Residential Corporation, through its subsidiary, Altisource Residential, L.P., focuses on acquiring, owning, and managing single-family rental properties in the United States. The company has market cap of $542.05 million. It acquires its single-family rental properties primarily through the acquisition of sub-performing and non-performing loan portfolios. It currently has negative earnings. The firm is qualified as a real estate investment trust under the Internal Revenue Code.

Another recent and important Front Yard Residential Corporation (NYSE:RESI) news was published by Cnbc.com which published an article titled: “Florence’s first wave has potential to cause $5 billion in property damage” on September 14, 2018.

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