AppFolio's stock tumbled 8.51% in the after-hours session following the release of its fourth-quarter financial results. The property management software provider reported earnings that fell short of analyst expectations and issued revenue guidance for the coming fiscal year that was below consensus estimates.
The company reported quarterly earnings per share of $1.10, which missed the analyst estimate of $1.25. While quarterly revenue of $248.2 million slightly exceeded the $246.6 million forecast, the earnings shortfall appears to have disappointed investors.
Furthermore, AppFolio's outlook for fiscal year 2026 revenue of $1.10 billion to $1.12 billion came in below the consensus estimate of $1.13 billion. The combination of the earnings miss and the softer-than-expected revenue guidance likely triggered the significant after-hours sell-off.
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