HubSpot Sees Q2 Adj. EPS $1.62-$1.64 vs $1.57 Est., Revenue $617M-$619M vs $623.04M Est.
Portfolio Pulse from Benzinga Newsdesk
HubSpot projects its Q2 adjusted EPS to be between $1.62 and $1.64, surpassing the estimated $1.57. However, its revenue forecast of $617M to $619M falls short of the expected $623.04M.
May 08, 2024 | 8:07 pm
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HubSpot's Q2 earnings projection exceeds expectations with an adjusted EPS of $1.62-$1.64, against a $1.57 estimate. However, its revenue forecast is slightly below the anticipated $623.04M.
While HubSpot's EPS forecast surpasses expectations, indicating operational efficiency and profitability, the slight miss in revenue projections could temper investor enthusiasm. The mixed forecast suggests a neutral short-term impact on the stock, as positive earnings are offset by revenue concerns.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100