HubSpot Inc reports results for the quarter ended March 31 - Earnings Summary

• HubSpot Inc HUBS.N reported quarterly adjusted earnings of $1.78​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.68. The mean expectation of twenty nine analysts for the quarter was for earnings of $1.76 per share. Wall Street expected results to range from $1.68 to $1.88 per share.

• Revenue rose 15.7% to $714.14 million from a year ago; analysts expected $700.36 million.

• HubSpot Inc's reported EPS for the quarter was a loss of 42 cents​.

• The company reported a quarterly loss of $21.79 million.

• HubSpot Inc shares had risen by 12.7% this quarter and lost 7.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 31 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for HubSpot Inc is $730.00

This summary was machine generated from LSEG data May 8 at 10:29 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)