Q2 Earnings Preview For RealPage

On Thursday, August 1, RealPage RP will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

RealPage EPS is expected to be around 43 cents, according to sell-side analysts. Sales will likely be near $243.20 million.

In the same quarter last year, RealPage posted EPS of 37 cents on sales of $216.25 million. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 16.22%. Revenue would be have grown 12.46% from the same quarter last year. RealPage's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares are up 16.97%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with RealPage. The strength of this rating has maintained conviction over the past three months.

Conference Call

RealPage is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://78449.themediaframe.com/dataconf/productusers/rlpg/mediaframe/31595/indexl.html