AppFolio Q3 2024 Adj. EPS $1.29 Beats $1.03 Estimate, Sales $205.733M Beat $199.103M Estimate
Portfolio Pulse from Benzinga Newsdesk
AppFolio reported strong Q3 2024 earnings, with an adjusted EPS of $1.29, surpassing the $1.03 estimate, and sales of $205.733M, exceeding the $199.103M estimate. This marks significant growth compared to the previous year.
October 24, 2024 | 8:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
AppFolio's Q3 2024 earnings report shows a significant beat on both EPS and sales estimates, indicating strong financial performance and growth compared to the previous year.
AppFolio's earnings per share of $1.29 exceeded expectations by 25.24%, and sales of $205.733M surpassed estimates by 3.33%. This strong performance, along with a significant year-over-year increase in both metrics, suggests a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100