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

October 13, 2018 - By Richard Conner

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 $2.14 million giving it 60.94 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 increased 3.07% or $0.29 during the last trading session, reaching $9.75. About 1.67 million shares traded or 237.27% up from the average. Front Yard Residential Corporation (NYSE:RESI) has declined 1.06% since October 14, 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 $522.23 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.

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