Recap: HealthEquity Q1 Earnings

HealthEquity HQY reported its Q1 earnings results on Monday, June 5, 2023 at 04:01 PM.

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

Earnings

HealthEquity beat estimated earnings by 21.95%, reporting an EPS of $0.5 versus an estimate of $0.41.

Revenue was up $38.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 1.92% drop in the share price the next day.

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

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.35 0.34 0.33 0.26
EPS Actual 0.37 0.38 0.33 0.27
Revenue Estimate 230.72M 206.76M 203.88M 203.98M
Revenue Actual 233.84M 216.09M 206.14M 205.68M

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.

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