Appfolio Inc expected to post earnings of 96 cents a share - Earnings Preview

AppFolio

23/07/2024 23:05

* Appfolio Inc  APPF.OQ   APPF.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Santa Barbara California-based  company is expected to
report a 29.6% increase in revenue to $190.572 million from
$147.08 million a year ago, according to the mean estimate from
8 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Appfolio Inc is for
earnings
of 96 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Appfolio
Inc is
$279.00​, above​ its last closing price of $269.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.90        0.89       1.06      Beat    18.7
 Dec. 31 2024  0.73        0.72       0.88      Beat    21.7
 Jan. 1 0001   0.41        0.41       0.60      Beat    45.2​
 Jun. 30 2023  0.14        0.12       0.23      Beat    94.9
 ​​Mar.        -0.06       -0.05      -0.01     Beat    80
 31 2023                                                
 Dec. 31 2022  -0.11       -0.13      -0.05     Beat    60.3​
 Sep. 30 2022  -0.09       -0.12      0.11      Beat    193.6
 Jun. 30 2022  -0.06       -0.08      0.03      Beat    139.5
 This summary was machine generated July 23 at 22:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)