AppFolio (APPF) Declines 3.55% Despite Outperforming S&P 500, Tech Sector

AppFolio (APPF) closed at $161.04, down 3.55% from the previous session, lagging the S&P 500's daily loss of 0.37%. The company is expected to report an EPS of $1.44, a 19.01% rise from the same quarter last year, and revenue of $258.04 million, an 18.53% growth. Analysts estimate AppFolio's full-year EPS at $6.43 and revenue at $1.11 billion, representing year-over-year changes of +21.55% and +16.72%, respectively.