We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Will Top-Line Improvement Benefit AppLovin's Q4 Earnings?
Read MoreHide Full Article
AppLovin Corporation (APP - Free Report) is set to announce its fourth-quarter 2024 financial results on Feb. 12, after market close. The company is expected to report strong year-over-year revenue growth, primarily driven by the continued expansion of its Software Platform segment.
The consensus estimate for Software Platform revenues stands at $892.7 million, reflecting a substantial 54.8% increase compared to the same quarter last year. This surge is likely fueled by the company’s advanced AXON 2.0 technology, which enhances ad targeting and optimization. Meanwhile, the consensus projection for Apps revenue is $367.72 million, representing a slight decline of 1.8% year over year.
Overall, AppLovin’s total revenues are expected to reach $1.26 billion, indicating a robust 32.3% increase from the year-ago quarter, according to the Zacks Consensus Estimate. This strong top-line growth underscores the effectiveness of the company’s strategic expansion efforts, including acquisitions of gaming studios and innovations in AI-driven ad solutions.
Profitability is also anticipated to improve significantly. The consensus estimate for Software Platform’s adjusted EBITDA is pegged at $683.7 million, indicating remarkable 62.7% year-over-year growth. APP’s total adjusted EBITDA is projected to rise 35.5% year over year.
Earnings per share (EPS) are expected to show a massive 161.2% increase, with the Zacks Consensus Estimate at $1.28. These projections highlight AppLovin’s ability to capitalize on its technology-driven business model, reinforcing its position as a leading player in the digital advertising and gaming industries.
Here are a few other stocks from the broader Business Services sector, which are likely to beat on earnings this time around.
V2X, Inc. (VVX - Free Report) : The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $1.1 billion, indicating year-over-year growth of 4.7%. For earnings, the consensus mark is pegged at $1.1, suggesting a 7.4% decline from the year-ago quarter’s reported figure. The company beat the consensus estimate in three of the past four quarters and missed once, with an average surprise of 13.4%.
TransUnion (TRU - Free Report) : The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $1 billion, indicating year-over-year growth of 7.7%. For earnings, the consensus mark is pegged at 96 cents, suggesting 20% growth from the year-ago quarter’s reported figure. The company beat the consensus estimate in the past four quarters, with an average surprise of 7.3%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Will Top-Line Improvement Benefit AppLovin's Q4 Earnings?
AppLovin Corporation (APP - Free Report) is set to announce its fourth-quarter 2024 financial results on Feb. 12, after market close. The company is expected to report strong year-over-year revenue growth, primarily driven by the continued expansion of its Software Platform segment.
See Zacks Earnings Calendar to stay ahead of market-making news.
The consensus estimate for Software Platform revenues stands at $892.7 million, reflecting a substantial 54.8% increase compared to the same quarter last year. This surge is likely fueled by the company’s advanced AXON 2.0 technology, which enhances ad targeting and optimization. Meanwhile, the consensus projection for Apps revenue is $367.72 million, representing a slight decline of 1.8% year over year.
AppLovin Corporation Price and EPS Surprise
AppLovin Corporation price-eps-surprise | AppLovin Corporation Quote
Overall, AppLovin’s total revenues are expected to reach $1.26 billion, indicating a robust 32.3% increase from the year-ago quarter, according to the Zacks Consensus Estimate. This strong top-line growth underscores the effectiveness of the company’s strategic expansion efforts, including acquisitions of gaming studios and innovations in AI-driven ad solutions.
Profitability is also anticipated to improve significantly. The consensus estimate for Software Platform’s adjusted EBITDA is pegged at $683.7 million, indicating remarkable 62.7% year-over-year growth. APP’s total adjusted EBITDA is projected to rise 35.5% year over year.
Earnings per share (EPS) are expected to show a massive 161.2% increase, with the Zacks Consensus Estimate at $1.28. These projections highlight AppLovin’s ability to capitalize on its technology-driven business model, reinforcing its position as a leading player in the digital advertising and gaming industries.
APP currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Other Stocks to Consider
Here are a few other stocks from the broader Business Services sector, which are likely to beat on earnings this time around.
V2X, Inc. (VVX - Free Report) : The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $1.1 billion, indicating year-over-year growth of 4.7%. For earnings, the consensus mark is pegged at $1.1, suggesting a 7.4% decline from the year-ago quarter’s reported figure. The company beat the consensus estimate in three of the past four quarters and missed once, with an average surprise of 13.4%.
TransUnion (TRU - Free Report) : The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $1 billion, indicating year-over-year growth of 7.7%. For earnings, the consensus mark is pegged at 96 cents, suggesting 20% growth from the year-ago quarter’s reported figure. The company beat the consensus estimate in the past four quarters, with an average surprise of 7.3%.