HubSpot Q4 EPS $1.76 Beats $1.54 Estimate, Sales $581.91M Beat $558.27M Estimate
Portfolio Pulse from Happy Mohamed
HubSpot (NYSE:HUBS) reported Q4 earnings of $1.76 per share, surpassing the $1.54 estimate, marking a 58.56% increase from last year. Sales reached $581.91M, exceeding the $558.27M estimate, up 23.90% from the previous year.
February 14, 2024 | 9:15 pm
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POSITIVE IMPACT
HubSpot reported a significant beat on both earnings per share and sales for Q4, indicating strong financial performance and growth.
The substantial beat on both earnings per share and sales compared to analyst estimates, coupled with a significant year-over-year growth, suggests a positive outlook for HubSpot. This strong performance is likely to instill investor confidence and could lead to a short-term uptick in HUBS stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100