HubSpot Q2 2024 Adj. EPS $2.03 Beats $1.63 Estimate, Sales $637.200M Beat $619.436M Estimate
Portfolio Pulse from Benzinga Newsdesk
HubSpot (NYSE:HUBS) reported Q2 2024 adjusted EPS of $2.03, beating the estimate of $1.63 by 24.54%. Sales were $637.2M, surpassing the $619.436M estimate and marking a 20.42% increase from the same period last year.
August 07, 2024 | 8:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
HubSpot reported strong Q2 2024 earnings with an adjusted EPS of $2.03, beating estimates by 24.54%, and sales of $637.2M, surpassing estimates by 2.87%. Sales increased by 20.42% YoY.
HubSpot's strong earnings and revenue performance, significantly beating analyst estimates, are likely to positively impact the stock price in the short term. The 20.42% YoY sales increase further underscores the company's growth momentum.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100