HubSpot, Inc. (NYSE:HUBS) is projected to declare fiscal fourth quarter financial results right after the stock market’s official close on February 14, 2017. The stock added about 5.4 percent in price since last results when it was at $48.9 a share. Based on the most relevant past-periods data, there is an 75 percent probability for this firm’s share price to go up following next quarterly results. Earnings reaction history tells us that the equity price moved up 6 times out of last 8 reported quarters. It has beaten earnings-per-share estimates 88% of the time in its last 12 earnings reports. It fell short of earnings estimates on 1 occasions, and it has met expectations 0 time.
Here’s how traders responded to HUBS earnings announcements over the past few quarters.
HubSpot, Inc. (HUBS) Earnings Surprises & Reaction
Given its history, the average earnings announcement surprise was 15.34 percent over the past four quarters. Back on November 2, 2016, it posted earnings per-share earnings at $-0.3 which beat the consensus $-0.36 projection (positive surprise of16.67%. For the quarter, revenue came in at 70.59M versus consensus estimate of 67.9M. The stock gained 2.15 percent the session following the earnings reports were released, and on 7th day price change was 16.05 percent.
On August 3, 2016, it reported earnings at $-0.32 a share compared with the consensus estimate of $-0.38 per share (positive surprise of 15.79%). Revenue of 64.97M for that quarter was above the $61.68M analysts had expected. The stock climbed 12.12% the day following the earnings announcement, and on 7th day price change was 17.18%.
On May 4, 2016, it recorded $-0.29 a share in earnings which topped the consensus estimate of $-0.35 (positive surprise of 17.14%). Revenue for the quarter was $58.96M while analysts called for revenues to be $55.31M. The stock dropped -5.54% the day following the earnings data was made public, and on 7th day price change was -2.98%.
On February 10, 2016, it announced earnings per share at $-0.3 versus the consensus estimate of $-0.34 per share (positive surprise of 11.76%). That came on revenues of $53.13M for that period. Analysts had expected $50.34M in revenue.
HubSpot, Inc. Earnings Estimates
As Q4 earnings announcement date approaches, Wall Street is expecting earnings per share of $-0.1. The analysts’ present consensus range is $-0.19-$-0.04 for EPS. The market consensus range for revenue is between $75.88M and $81.7M, with an average of $78.37M.
HubSpot, Inc. (NYSE:HUBS) last ended at $51.55, sending the company’s market cap near $1.84B. The consensus 12-month price target from analysts covering the stock is $65.26. The share price has declined -14.04% from its top level in 52 weeks and dropped 9.68% this year. It recently traded in a range of $51.25-$52.4 at a volume of 211495 shares. The recent trading ended with the price nearly 2.59 higher for the last 5 trading days, rebounding 90.93% from its 52-week low.