HubSpot, Inc. (NYSE:HUBS) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, HUBS is expected to report 3Q20 income of $ 0.13 per share from revenue of $ 210.75 million.
For the full year, analysts anticipate top line of $ 831.36 million, while looking forward to income of $ 0.95 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.11 ~ $ 0.13 per share, while revenues are expected in a range of $ 210.00 million ~ $ 211.00 million
Full Year 2020 topline are forecasted in a range of$ 828.00 million ~ $ 832.00 million, where as bottomline are predicted in a range of $ 0.92 ~ $ 0.96 per share
Click Here For More Historical Outlooks Of HubSpot, Inc.
Previous Quarter Performance
HubSpot, Inc. unfold income for the second quarter of $ 0.34 per share, from the revenue of $ 203.61 million. The consensus estimates are income of $ 0.24 per share from $ 195.42 million in revenue. The bottom line results beat street analysts by $ 0.1 or 41.67 percent, at the same time, top line results outshined analysts by $ 8.19 million or 4.19 percent.
Stock Performance
Shares of HubSpot, Inc. traded up $ 27.10 or 9.06 percent on Wednesday, reaching $ 326.07 with volume of 593.80 thousand shares. HubSpot, Inc. has traded high as $ 327.44 and has cracked $ 312.39 on the downward trend
The closing price of $ 326.07, representing a 229.12 % increase from the 52 week low of $ 90.84 and a 9.6 % decrease over the 52 week high of $ 330.72.
The company has a market capital of $ 14.86 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 23rd September 2020, maintained by Wells Fargo & Co at Equal-Weight rating, with $ 270.00 target price.
- On 23rd September 2020, maintained by Raymond James at Outperform rating, with $ 320.00 target price.
- On 23rd September 2020, maintained by Needham & Company LLC at Buy rating, with $ 325.00 target price.
- On 23rd September 2020, maintained by Canaccord Genuity at Buy rating, with $ 325.00 target price.
Conference Call
HubSpot, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hubspot.com
HubSpot, Inc. provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The companys software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.
