HealthEquity (NASDAQ:HQY) announced its Q3 earnings on Monday, December 9, 2024 at 04:01 PM.

Here's a breakdown of the earnings report.

Earnings

HealthEquity beat estimated earnings by 8.0%, reporting an EPS of $0.78 versus an estimate of $0.72.

Revenue was up $51.21 million from the same period last year.

Analysis of Past Earnings

During the previous quarter, the company beat on EPS by $0.16, leading to a 5.0% increase share price change the next day.

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

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).

Guidance

HealthEquity management provided guidance for FY 2025, expecting earnings between $3.08 and $3.16 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.