Stock Movers AppFolio, Carter's and Saia All Drop on Downbeat Earnings
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Apr 25, 2025 Shares of AppFolio stumbled after disappointing first-quarter results. Carter's faced a drop of 10% as it suspended financial guidance amid CEO changes and tariff uncertainties, despite better-than-expected sales. Saia experienced a staggering 30% decline following missed revenue targets and flat shipment growth in a challenging macroeconomic landscape. The podcast dives into these intriguing stock fluctuations and the factors influencing the application software, apparel, and trucking sectors.
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AppFolio Earnings Miss Weighs Stock
- AppFolio shares dropped almost 17% after missing Q1 earnings expectations with lower than estimated EPS and sales.
- Despite the miss, the company projects annual revenue around $920 million to $940 million.
How AppFolio Supports Real Estate
- Tim explains AppFolio is used by real estate portfolio managers to organize signed documents and financial info.
- Denisa compares it to DocuSign but notes AppFolio is more private and organizational.
Carter's Suspends Guidance Amid Uncertainty
- Carter's suspended financial guidance due to CEO transition and tariff uncertainties despite beating sales expectations.
- Tariff uncertainty is having a significant impact on companies' ability to provide outlooks lately.