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HubSpot (HUBS)
NYSE:HUBS
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$2.19Last Year’s EPS
$1.76Same Quarter Last Year
Strong Buy
Based on 25 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 20.28%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance by HubSpot with significant revenue growth, customer additions, and successful product innovations, particularly in AI. However, there are challenges with declining average subscription revenue per customer and pressure on upgrade motions.Company Guidance
During HubSpot's Q3 2024 earnings call, the company provided financial guidance for the fourth quarter and the full year of 2024. For Q4, HubSpot expects total revenue to be in the range of $672 million to $674 million, representing a 16% year-over-year increase at the midpoint. They anticipate a 1-point foreign exchange tailwind to as-reported revenue growth in the quarter. The non-GAAP operating profit is projected between $128 million and $129 million, with non-GAAP diluted net income per share expected to be between $2.18 and $2.20, based on 53.8 million fully diluted shares outstanding. For the full year 2024, HubSpot has raised its revenue guidance to a range of $2.97 billion to $2.99 billion, up 20% year-over-year, with foreign exchange impacts expected to be neutral for the year. The non-GAAP operating profit is anticipated to be between $455 million and $456 million, with non-GAAP diluted net income per share expected between $7.98 and $8.00, based on 53.4 million fully diluted shares outstanding. The company also expects free cash flow to be around $420 million for the full year.Strong Revenue Growth
Revenue grew by 20% year-over-year in constant currency, with subscription revenue increasing by 20% and services and other revenue up by 28%.
Significant Customer Additions
HubSpot added over 10,000 customers in Q3, bringing the total to 238,000 customers globally, representing a 23% year-over-year increase.
Robust Operating Margin Expansion
Operating margin increased by over 200 basis points year-over-year, reaching 19% for the quarter.
Innovation in AI and Product Offerings
Launch of AI initiatives like Breeze and Brief Intelligence. AI awareness increased by 13% quarter-over-quarter, and CoPilot is gaining traction with repeat usage.
Successful INBOUND Conference
The event attracted over 12,000 in-person attendees and over 40,000 online, generating nearly 1 billion impressions.
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HUBS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HUBS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $597.79 | $644.61 | +7.83% |
| Aug 07, 2024 | $460.74 | $476.35 | +3.39% |
| May 08, 2024 | $590.05 | $587.15 | -0.49% |
| Feb 14, 2024 | $629.64 | $608.96 | -3.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does HubSpot (HUBS) report earnings?
HubSpot (HUBS) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is HubSpot (HUBS) earnings time?
HubSpot (HUBS) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HUBS EPS forecast?
HUBS EPS forecast for the fiscal quarter 2024 (Q4) is $2.19.
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