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

AppFolio

27/10/2023 02:49

* Appfolio Inc  APPF.OQ  reported quarterly adjusted
earnings of
60 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 32.3% to $165.44 million from a year ago;
analysts
expected $157.28 million. 
    * Appfolio Inc's reported EPS for the quarter was 74 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
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 fallen by 3.5% this quarter and
gained 67.3% so far this year.
    * The company reported quarterly net income of $26.45
million.
    * Wall Street's median 12-month price target for Appfolio
Inc is
$223.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:49 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.41           0.60           Beat
 Jun. 30 2023      0.12           0.23           Beat
 Mar. 31 2023      -0.05          -0.01          Beat
 Dec. 31 2022      -0.13          -0.05          Beat