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Front Yard Residential Corp (RESI.N)

RESI.N on New York Stock Exchange

10.78USD
18 May 2018
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$0.11 (+1.03%)
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Latest Key Developments (Source: Significant Developments)

Front Yard Residential Reports Q1 Core FFO Per Share Of $0.16
Tuesday, 8 May 2018 07:30am EDT 

May 8 (Reuters) - Front Yard Residential Corp ::ORATION REPORTS FIRST QUARTER 2018 RESULTS.Q1 CORE FFO PER SHARE $0.16.Q1 GAAP LOSS PER SHARE $0.51.Q1 EARNINGS PER SHARE VIEW $-0.48 -- THOMSON REUTERS I/B/E/S.QTRLY RENTAL REVENUES INCREASED BY 14% TO $39.8 MILLION COMPARED TO $34.9 MILLION FOR Q4 OF 2017.QTRLY FULL-COMPANY CORE FUNDS FROM OPERATIONS WAS $0.05 PER DILUTED SHARE.  Full Article

Front Yard Residential Corporation Reports Q4 Loss Per Share $0.70
Thursday, 1 Mar 2018 07:30am EST 

March 1 (Reuters) - Front Yard Residential Corp ::ORATION REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 LOSS PER SHARE $0.70.QTRLY ‍CORE FUNDS FROM OPERATIONS WAS $0.15 PER DILUTED SHARE​.QTRLY TOTAL REVENUES $27.8 MILLION VERSUS $12.1 MILLION.  Full Article

Altisource Residential reports Q3 GAAP loss per share $0.80
Tuesday, 7 Nov 2017 07:30am EST 

Nov 7 (Reuters) - Altisource Residential Corp :Altisource Residential Corp reports third quarter 2017 results; strong progress on acquisitions, operating metrics and legacy asset dispositions.Q3 GAAP loss per share $0.80.Qtrly total revenues $23.7 million versus $4.4 million last year.Altisource Residential Corp - in the third quarter, delivered $0.15 of core FFO per share to shareholders‍​.Altisource Residential Corp - ‍estimated total financial impact of Hurricanes Harvey and Irma is $2.0 to $3.0 million in quarter​.  Full Article

Altisource Residential Corp provides update on impact of Hurricane Harvey
Friday, 1 Sep 2017 08:00am EDT 

Sept 1 (Reuters) - Altisource Residential Corp :Altisource Residential Corp provides update on impact of Hurricane Harvey.Altisource - ‍preliminary reports indicate Hurricane Harvey likely to have minor impact on portfolio of single-family homes in Houston, surrounding areas​.Altisource Residential Corp - ‍believe that ultimate financial impact for RESI will be small from Hurricane Harvey​.  Full Article

Altisource Residential Corp reports Q2 gaap loss per share $1.04
Tuesday, 8 Aug 2017 07:30am EDT 

Aug 8 (Reuters) - Altisource Residential Corp :Altisource Residential Corporation reports second quarter 2017 results; over 10,000 rental homes, legacy asset disposal on track, strong operating metrics.Q2 core FFO per share $0.12.Q2 gaap loss per share $1.04.Q2 earnings per share view $-0.75 -- Thomson Reuters I/B/E/S.Altisource Residential Corp - Qtrly total revenues $13.4mln versus $238,000.  Full Article

Amherst Holdings sells 751 homes to Altisource Residential
Thursday, 29 Jun 2017 05:07pm EDT 

June 29 (Reuters) - Amherst Holdings Llc::Amherst Holdings single family residential platform sells portfolio of 751 homes to Altisource Residential, L.P. For $117.1 million.Amherst Holdings Llc says Amherst-sponsored entities are providing seller financing equal to 75 percent of sale price.  Full Article

Altisource Residential announces acquisition of 751 rental properties
Thursday, 29 Jun 2017 04:35pm EDT 

June 29 (Reuters) - Altisource Residential Corp ::Altisource Residential Corporation announces acquisition of 751 stabilized rental properties, taking rental portfolio to over 10,000 homes; provides strategic update.Altisource Residential Corp - deal for ‍$117 million​.Altisource Residential Corp - ‍targeting sale of substantially all remaining non-rental reos by end of 2017​.Altisource Residential Corp - ‍in connection with acquisition, co has again retained current property manager for portfolio, Main Street Renewal, Llc​.  Full Article

Altisource Residential Q1 loss per share $0.92
Tuesday, 9 May 2017 07:30am EDT 

May 9 (Reuters) - Altisource Residential Corp : :Altisource residential corporation reports first quarter 2017 results; progress continues on growth, operating and disposition objectives.Q1 loss per share $0.92.Q1 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S.Altisource residential corp - qtrly total revenues $29.3 million versus $40.1 million.Q1 revenue view $37.7 million -- Thomson Reuters I/B/E/S.Altisource residential corp - qtrly revenue $29.3 million versus $40.1 million last year.  Full Article

Altisource Residential, RESI TL1 Borrower LLC entered into credit and security agreement
Wednesday, 12 Apr 2017 05:38pm EDT 

Altisource Residential Corp : Altisource Residential -on April 6, 2017, RESI TL1 Borrower LLC entered into credit and security agreement with American Money Management Corporation . Altisource Residential Corp - term loan agreement has a maturity date of April 6, 2022 and a fixed interest rate of 5.00 pct . Altisource Residential-pursuant to term loan agreement,borrower borrowed $100.0 million to finance ownership,operation of single-family rental properties . Altisource Residential- on April 6, co through units,amended,extended existing $250 million loan, security agreement with Nomura Corporate Funding Americas . Altisource Residential Corp - under amendment agreement, company and Nomura extended termination date of facility by one year to April 5, 2018 .Altisource Residential Corp - under amendment agreement, co and Nomura increased uncommitted maximum borrowing amount to $100 million.  Full Article

Altisource Residential Corp announces agreement to acquire single family rental homes
Friday, 31 Mar 2017 08:00am EDT 

Altisource Residential Corp : Announces agreement to acquire up to 3,500 single family rental homes; completes initial closing of 757 stabilized rental properties . Deal for $106.5 million .RESI will purchase up to approximately 2,750 additional stabilized rental properties from sellers in additional closings in 2017.  Full Article