HubSpot, Inc. HUBS shares are trading about 6.5% higher at $280.83 per share Thursday afternoon after the company reported better-than-expected third-quarter financial results. The company also issued fourth-quarter and full-year 2022 guidance above estimates.
The company reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.51 and reported quarterly sales of $443.96 million which beat the analyst consensus estimate of $425.38 million.
HubSpot expects fourth-quarter earnings per share in the range of $0.82 and $0.84 versus the $0.79 estimate and expects sales in the range of $444 million and $446 million versus the $449.54 million estimate.
The company also expects full-year 2022 earnings per share in the range of $2.48 and $2.50 versus the $2.27 estimate and expects sales in the range of $1.705 billion and $1.707 billion versus the $1.69 billion estimate.
According to data from Benzinga Pro, HUBS has a 52-week high of $866.00 and a 52-week low of $245.03.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
