Recap: HealthEquity Q4 Earnings - HealthEquity (NASDAQ:HQY)

HealthEquity HQY reported its Q4 earnings results on Tuesday, March 19, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

HealthEquity beat estimated earnings by 12.0%, reporting an EPS of $0.63 versus an estimate of $0.56.

Revenue was up $28.55 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 0.0% increase in the share price the next day.

Here's a look at HealthEquity's past performance:

Quarter	Q3 2024	Q2 2024	Q1 2024	Q4 2023
EPS Estimate	0.5	0.47	0.41	0.35
EPS Actual	0.6	0.53	0.50	0.37
Revenue Estimate	243.61M	238.89M	239.43M	230.72M
Revenue Actual	249.22M	243.55M	244.43M	233.84M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

HealthEquity management provided guidance for FY 2024, expecting earnings between $2.2 and $2.24 per share.

To track all earnings releases for HealthEquity visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.