Appfolio Inc reports results for the quarter ended in June - Earnings Summary

AppFolio

27/07/2023 23:26

* Appfolio Inc  APPF.OQ  reported quarterly adjusted
earnings of
23 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
12 cents per share.
    * Revenue rose 25.2% to $147.08 million from a year ago;
analysts
expected $143.76 million. 
    * Appfolio Inc's reported EPS for the quarter was a loss
of 53
cents​.
    * The mean earnings estimate of analysts had risen by
about 59.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Appfolio Inc shares had risen by 3.4% this quarter and
gained 68.9% so far this year.
    * The company reported a quarterly loss of $18.9 million.
    * Wall Street's median 12-month price target for Appfolio
Inc is
$184.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 10:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.12           0.23           Beat
 Mar. 31 2023      -0.05          -0.01          Beat
 Dec. 31 2022      -0.13          -0.05          Beat
 Sep. 30 2022      -0.12          0.11           Beat