Tyler Technologies (TYL) Surpasses Q1 Earnings and Revenue Estimates

Company Performance - Tyler Technologies reported quarterly earnings of $2.78 per share, exceeding the Zacks Consensus Estimate of $2.56 per share, and up from $2.20 per share a year ago, representing an earnings surprise of 8.59% [1] - The company achieved revenues of $565.17 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.65%, compared to $512.36 million in the same quarter last year [2] - Over the last four quarters, Tyler Technologies has consistently surpassed consensus EPS estimates four times and revenue estimates three times [2] Market Comparison - Tyler Technologies shares have declined approximately 2.2% since the beginning of the year, while the S&P 500 has seen a decline of 10.1% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.78, with projected revenues of $584.95 million, and for the current fiscal year, the EPS estimate is $11.02 on revenues of $2.32 billion [7] - The estimate revisions trend for Tyler Technologies is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Internet - Software and Services industry, to which Tyler Technologies belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, suggesting that the industry outlook may impact stock performance [8]