APPF Stock Recent News

These companies saw their stocks spike after impressively beating earnings expectations last week and more upside could be ahead considering EPS estimates for fiscal 2024 have trended higher afterwards.

AppFolio is now regularly profitable and likely to remain that way. Given its young age and relatively small size, though, results could remain erratic for the foreseeable future.

AppFolio, Inc. (NASDAQ:APPF ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Lori Barker - Investor Relations Shane Trigg - President & Chief Executive Officer Fay Sien Goon - Chief Financial Officer Conference Call Participants Operator Good afternoon. Thank you for standing by and welcome to the AppFolio's First Quarter 2024 Financial Results Conference Call.

AppFolio (APPF) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to loss of $0.01 per share a year ago.

Here, we take a sneak peek into how these internet stocks - OPRA, SNAP, GOOGL, VRSN, APPF and TEAM - are poised ahead of their earnings releases.

While a strong demand environment, targeted marketing efforts and a focus on product enhancement are likely to have boosted AppFolio's (APPF) Q1 revenues, efforts to enhance operational efficiency may have aided profit growth.

Here is how AppFolio (APPF) and ACM Research, Inc. (ACMR) have performed compared to their sector so far this year.

AppFolio will join the S&P MidCap 400 Index in early April. Investors should focus on fundamentals like growth and profitability.

As we enter 2024, the market is fully valued with the SPDR S&P 500 ETF Trust (NYSEARCA: SPY ) at high trailing earnings. Thus, identifying growth opportunities becomes increasingly compelling.

AppFolio (APPF) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.