HubSpot Inc reports results for the quarter ended June 30 - Earnings Summary

• HubSpot Inc HUBS.N reported quarterly adjusted earnings of $2.19​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.94. The mean expectation of twenty nine analysts for the quarter was for earnings of $2.12 per share. Wall Street expected results to range from $2.09 to $2.23 per share.

• Revenue rose 19.4% to $760.87 million from a year ago; analysts expected $739.81 million.

• HubSpot Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $3.26 million.

• HubSpot Inc shares had fallen by 11.6% this quarter and lost 29.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 32 "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 $720.00, about 31.6% above its last closing price of $492.62

This summary was machine generated from LSEG data August 6 at 10:30 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)