RealPage's Earnings Beat Last Year's by 43%
RealPage (NAS: RP) filed its 10-K on Feb. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), RealPage missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share didn't change.
Gross margins improved, operating margins contracted, and net margins expanded.
RealPage reported revenue of $71.1 million. The eight analysts polled by S&P Capital IQ predicted sales of $74.2 million on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $54.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.10. The eight earnings estimates compiled by S&P Capital IQ forecast $0.10 per share on the same basis. GAAP EPS of $0 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 61.1%, 260 basis points better than the prior-year quarter. Operating margin was 0.5%, 160 basis points worse than the prior-year quarter. Net margin was 0.3%, 60 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $73.7 million. On the bottom line, the average EPS estimate is $0.10.
Next year's average estimate for revenue is $323.2 million. The average EPS estimate is $0.48.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 19 members out of 33 rating the stock outperform, and 14 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give RealPage a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on RealPage is outperform, with an average price target of $31.33.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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