RICHARDSON, Texas (AP) _ RealPage Inc. (RP) on Tuesday reported a fourth-quarter loss of $20.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Richardson, Texas-based company said it had a loss of 26 cents. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share.

The provider of real estate software posted revenue of $187.7 million in the period. Its adjusted revenue was $188.4 million, beating Street forecasts. Three analysts surveyed by Zacks expected $186.5 million.

For the year, the company reported profit of $377,000. Revenue was reported as $674 million.

For the current quarter ending in April, RealPage said it expects revenue in the range of $200 million to $202 million.

The company expects full-year earnings to be $1.41 to $1.47 per share, with revenue ranging from $835 million to $845 million.

RealPage shares have climbed 13 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $49.95, a rise of 49 percent in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on RP at

Source Article