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Market Impact: 0.35

AppFolio (APPF) Beats Q2 Earnings and Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
AppFolio (APPF) Beats Q2 Earnings and Revenue Estimates

AppFolio reported quarterly EPS of $1.71, beating the Zacks Consensus Estimate of $1.67 by $0.04 per share. EPS rose from $1.38 a year ago, indicating improving profitability. The earnings beat should be supportive for APPF, but the excerpt contains no guidance or margin details to suggest a larger repricing.

Analysis

AppFolio reported quarterly EPS of $1.71, beating the Zacks Consensus Estimate of $1.67 by $0.04 per share. EPS rose from $1.38 a year ago, indicating improving profitability. The earnings beat should be supportive for APPF, but the excerpt contains no guidance or margin details to suggest a larger repricing.

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mildly positive

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0.25

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APPF0.45