AppFolio closed the most recent trading day at $208.48, up 1.32% and outpacing the S&P 500's 0.86% gain. Ahead of its upcoming earnings release, the property management software maker is forecast to report quarterly EPS of $1.78, a 35.88% increase from the year-ago quarter, on revenue of $294.05 million, up 17.92%. For the full year, the Zacks Consensus Estimates anticipate earnings of $6.91 per share and revenue of $1.12 billion, representing shifts of +30.62% and +18.32%, respectively. The Zacks Consensus EPS estimate has moved 0.21% higher over the past month, and AppFolio currently carries a Zacks Rank of #2 (Buy). The stock trades at a Forward P/E of 29.78, a premium to its industry average of 19.87.
Appfolio IncAnalysts forecast 35.88% EPS growth and revenue up 17.92% ahead of earnings, with a Zacks Rank #2 (Buy) and rising consensus estimate.
