AppFolio (APPF) Meets Q4 Earnings Estimates

Core Viewpoint - AppFolio reported quarterly earnings of $0.92 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.88 per share a year ago [1] - The company posted revenues of $203.66 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 1.90% and up from $171.83 million year-over-year [2] Earnings Performance - AppFolio's earnings of $0.92 per share were in line with expectations, while the previous quarter saw a surprise with earnings of $1.30 per share against an expectation of $1.02, resulting in a 27.45% surprise [1] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [1] Revenue Insights - The revenue of $203.66 million for the recent quarter represents a significant increase from the previous year's $171.83 million [2] - AppFolio has consistently topped consensus revenue estimates over the last four quarters [2] Stock Performance and Outlook - AppFolio shares have increased by approximately 1.3% since the beginning of the year, compared to a 2.7% gain in the S&P 500 [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the sustainability of the recent price movements [3][4] Earnings Estimates and Industry Context - The current consensus EPS estimate for the upcoming quarter is $1.29 on revenues of $219.07 million, and for the current fiscal year, it is $5.66 on revenues of $930.99 million [7] - The Internet - Software industry, to which AppFolio belongs, is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]