RealPage Shares Got Crushed: What You Need to Know

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of property management software maker RealPage (NAS: RP) area getting crushed today, down by as much as 24%, after the company reported earnings last night.

So what: Revenue in the fourth quarter tallied up to $71.3 million, an increase of 32% over the prior year but short of the market's expectations. Earnings per share came out at $0.10, on target with consensus estimates.

Now what: Guidance came in light, with the upper end of its predicted range of $320 million-$330 million for the year barely catching up with the $329.4 million estimate. The bottom line forecast sang the same song, with the $0.46-$0.49 per share guidance hoping to compare to the $0.49 per share consensus. Yesterday, shares sank by 9% prior to the earnings release for no readily apparent reason, meaning that today's low represented a loss of 31% in just two days.

Interested in more info on RealPage? Add it to your watchlist byclicking here.

At the time this article was published Fool contributorEvan Niuholds no position in any company mentioned.Click hereto see his holdings and a short bio. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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