Breaking News
Get 45% Off 0
Is it finally time to sell Nvidia ahead of earnings?
Read More

AppFolio (APPF) Posts Revenue Beat, In-Line Guidance

By Zacks Investment ResearchStock MarketsFeb 26, 2018 05:48AM ET
www.investing.com/analysis/appfolio-appf-posts-revenue-beat-inline-guidance-200294397
AppFolio (APPF) Posts Revenue Beat, In-Line Guidance
By Zacks Investment Research   |  Feb 26, 2018 05:48AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
APPF
-0.70%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

AppFolio, Inc. ( (NASDAQ:APPF) ) just released its latest quarterly financial results, posting diluted earnings of 7 cents per share and revenues of $38 million.

Currently, APPF is a Zacks Rank #4 (Sell), but that could change based on today’s results. The stock is currently flat in after-hours trading shortly after its earnings report was released.

AppFolio:

Beat revenue estimates. The company saw revenue figures of $37.9 million, beating our consensus estimate of $35.49 million.

The company posted diluted earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09. Basic earnings per share came in at $0.08.

Total revenue climbed from $28 million in the year-ago period. Total costs and operating expenses reached $35.5 million, up from $29.3 million in the prior-year period.

AppFolio now expects full-year 2018 revenues in the range of $179 million to $182 million. Our current consensus estimate is calling for revenues of $180.9 million.

Here’s a graph that looks at AppFolio’s recent earnings performance:

AppFolio, Inc. Price, Consensus and EPS Surprise

AppFolio, Inc. Price, Consensus and EPS Surprise | AppFolio, Inc. Quote

AppFolio, Inc. offers cloud-based software solutions for property management and legal industries. It offers AppFolio Property Manager, a solution for the property managers including activities of posting and tracking tenant vacancies, handling the entire leasing process electronically, administering maintenance and repairs with their vendor networks, managing accounting and reporting to property owners. MyCase solution for practitioners and small law firms, providing time tracking, billing and payments, client communication, coordination with other lawyers and support staff, legal document management and assembly and general office administration services.

Check back later for our full analysis on APPF’s earnings report!

Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>



AppFolio, Inc. (APPF): Free Stock Analysis Report

Original post

Zacks Investment Research

AppFolio (APPF) Posts Revenue Beat, In-Line Guidance
 

Related Articles

AppFolio (APPF) Posts Revenue Beat, In-Line Guidance

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email