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.
Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not RealPage makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-Dollar Revolution." Click here for instant access to this free report.
- Add RealPage to My Watchlist.