Why RealPage Shares Got Hammered

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 RealPage (Nasdaq: RP  ) got hammered today, down by 17%, after the company reported earnings with uninspiring guidance.

So what: Adjusted revenue rose to $83.2 million, shy of market forecasts that were calling for $84.2 million. Non-GAAP earnings per share was right on target, though, at $0.12, so nothing to call home about there. The real pessimism centered on guidance.

Now what: Guidance for the current quarter expects revenue in the range of $85.5 million to $87.5 million. Even the high end of guidance would fall short of the $89.4 million that investors were expecting. The bottom line could potentially meet the consensus of $0.14 per share if RealPage stretches a little bit.

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

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2103066, ~/Articles/ArticleHandler.aspx, 10/24/2016 4:47:56 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,223.03 77.32 0.43%
S&P 500 2,151.33 10.17 0.47%
NASD 5,309.83 52.43 1.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2016 4:00 PM
RP $27.50 Up +1.53 +5.87%
RealPage CAPS Rating: *