Is A Beat In The Cards For HubSpot (HUBS) In Q1 Earnings?
Zacks Investment Research | May 07, 2018 09:01PM ET
HubSpot, Inc. (NYSE:HUBS) is scheduled to report first-quarter 2018 results on May 10. The company has witnessed a remarkable streak of beating earnings estimates. In fact, HubSpot surpassed the Zacks Consensus Estimate in the trailing four quarters, delivering an average positive earnings surprise of 208.48%.
In fourth-quarter 2017, the company reported adjusted earnings of 12 cents per share against a loss of 13 cents per share in the year-ago quarter.
Moreover, revenues of $106.5 million increased 39% year over year. The figure surpassed the Zacks Consensus Estimate of $101 million as well as management’s guided range of $101-$102 million.
Favorable ESP
Per the Zacks model, a company with a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Zacks Investment Research
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