Altisource Residential (RESI) Reports Q1 Loss Per Share of 82c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Altisource Residential Corporation Reports First Quarter 2016 Results; Progress Continues on Growth of Single-Family Rental Portfolio
May 9, 2016 7:30 AM EDTCHRISTIANSTED, U.S. Virgin Islands, May 09, 2016 (GLOBE NEWSWIRE) -- Altisource Residential Corporation (Residential or the Company) (NYSE: RESI) today reported financial and operating results for the first quarter of 2016. Residential also announced the consummation of transactions during the first quarter that continued the Company's progress on growing its single-family rental (SFR) portfolio.
First Quarter 2016 Highlights
Generated estimated taxable income of $16.9 million, or $0.30 per share, and declared a $0.15 per share quarterly dividend.Increased rental portfolio during the quarter by 29% to 3,531 homes, including 2,720 rented properties, 265 listed and ready for... More