Insurance software provider Guidewire Software (NYSE: GWRE) will be reporting earnings this Thursday afternoon. Here’s what you need to know.

Guidewire Software beat analysts’ revenue expectations by 2.4% last quarter, reporting revenues of $293.5 million, up 22% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ billings estimates and a solid beat of analysts’ EBITDA estimates.

Is Guidewire Software a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Guidewire Software’s revenue to grow 15.7% year on year to $337.1 million, improving from the 8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.63 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Guidewire Software has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Guidewire Software’s peers in the vertical software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Manhattan Associates delivered year-on-year revenue growth of 2.7%, beating analysts’ expectations by 3.3%, and Alarm.com reported revenues up 8.8%, topping estimates by 4.3%. Manhattan Associates traded up 7% following the results while Alarm.com’s stock price was unchanged.

Read our full analysis of Manhattan Associates’s results here and Alarm.com’s results here.

Investors in the vertical software segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. Guidewire Software is down 3.9% during the same time and is heading into earnings with an average analyst price target of $249.79 (compared to the current share price of $217.46).

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