For the quarter ended June 2023, HubSpot (HUBS - Free Report) reported revenue of $529.14 million, up 25.5% over the same period last year. EPS came in at $1.34, compared to $0.44 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $504.45 million, representing a surprise of +4.90%. The company delivered an EPS surprise of +35.35%, with the consensus EPS estimate being $0.99.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how HubSpot performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Customers: 184924 versus 185116.3 estimated by five analysts on average.
- Average Subscription Revenue per Customer: $11,432 versus $11,172.27 estimated by four analysts on average.
- Revenues- Subscription: $517.68 million versus $493.67 million estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +25.5% change.
- Revenues- Professional services and other: $11.46 million versus the 10-analyst average estimate of $10.34 million. The reported number represents a year-over-year change of +22.5%.
- Gross margin (Non-GAAP)- Subscription: $447.78 million compared to the $421.21 million average estimate based on 11 analysts.
View all Key Company Metrics for HubSpot here>>>Shares of HubSpot have returned +9.5% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended June 2023, HubSpot (HUBS - Free Report) reported revenue of $529.14 million, up 25.5% over the same period last year. EPS came in at $1.34, compared to $0.44 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $504.45 million, representing a surprise of +4.90%. The company delivered an EPS surprise of +35.35%, with the consensus EPS estimate being $0.99.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how HubSpot performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Customers: 184924 versus 185116.3 estimated by five analysts on average.
- Average Subscription Revenue per Customer: $11,432 versus $11,172.27 estimated by four analysts on average.
- Revenues- Subscription: $517.68 million versus $493.67 million estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +25.5% change.
- Revenues- Professional services and other: $11.46 million versus the 10-analyst average estimate of $10.34 million. The reported number represents a year-over-year change of +22.5%.
- Gross margin (Non-GAAP)- Subscription: $447.78 million compared to the $421.21 million average estimate based on 11 analysts.
View all Key Company Metrics for HubSpot here>>>Shares of HubSpot have returned +9.5% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Get the latest research report on HUBS - FREE