RealPage (Nasdaq: RP ) reported earnings on Nov. 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), RealPage met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share grew.
Margins grew across the board.
RealPage reported revenue of $83.2 million. The nine analysts polled by S&P Capital IQ hoped for a top line of $84.2 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $67.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.12. The nine earnings estimates compiled by S&P Capital IQ averaged $0.12 per share. GAAP EPS were $0.03 for Q3 versus -$0.02 per share for 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 60.5%, 130 basis points better than the prior-year quarter. Operating margin was 4.5%, 460 basis points better than the prior-year quarter. Net margin was 2.5%, 410 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $89.6 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $327.1 million. The average EPS estimate is $0.48.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 18 members out of 31 rating the stock outperform, and 13 members rating it underperform. Among 14 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give RealPage a green thumbs-up, and six 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 $29.14.
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