HealthEquity, Inc. (HQY) reported adjusted earnings per share (EPS) of 86 cents for second-quarter fiscal 2025, surpassing the Zacks Consensus Estimate by 22.9%. The bottom line improved 62.2% on a year-overyear basis. GAAP EPS in the fiscal second quarter was 40 cents, up 233% from the year-ago quarter's EPS of 12 cents. Shares of HQY were up 0.2% in after-market trading following the earnings call. HealthEquity Revenues in Detail In the fiscal second quarter, the company generated revenues of $299.93 mill ...

HealthEquity (HQY) reported $299.93 million in revenue for the quarter ended July 2024, representing a yearover-year increase of 23.2%. EPS of $0.86 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of +5.43% over the Zacks Consensus Estimate of $284.48 million. With the consensus EPS estimate being $0.70, the EPS surprise was +22.86%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

HealthEquity (HQY) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 22.86%. A quarter ago, it was expected that this provider of services for managing health care accounts would post earnings of $0.66 per share when it actually produced earnings of $0.80, delivering a surprise of 21.2 ...

Highlights of the second quarter include: Revenue of $299.9 million, an increase of 23% compared to $243.5 million in Q2 FY24. Net income of $35.8 million, compared to $10.6 million in Q2 FY24, with non-GAAP net income of $76.3 million, an increase of 67% compared to $45.6 million in Q2 FY24. Net income per diluted share of $0.40, compared to $0.12 in Q2 FY24, with non-GAAP net income per diluted share of $0.86, compared to $0.53 in Q2 FY24. Adjusted EBITDA of $128.3 million, an increase of 46% compared to ...

Wall Street analysts forecast that HealthEquity (HQY) will report quarterly earnings of $0.70 per share in its upcoming release, pointing to a year-over-year increase of 32.1%. It is anticipated that revenues will amount to $284.48 million, exhibiting an increase of 16.8% compared to the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

Nastassia Samal One company that I have really come to be interested in since originally finding out about it in 2022 is HealthEquity (NASDAQ:HQY). For those not familiar with the business, it operates as a provider of HSAs (health savings accounts) and other types of CDBs (consumer directed benefits) plans. In my original article about the firm, published in March 2022, I ended up rating the company a 'hold' based on concerns regarding valuation. Ultimately, in May of this year, I upgraded it to a 'buy' be ...

HealthEquity, Inc. (HQY) has been gaining from its business model and strategy. The optimism led by a solid first-quarter fiscal 2025 performance and strength in Health Savings Accounts (HSA) are expected to contribute further. However, stiff competition and the possibility that integration of acquisitions may be unsuccessful are major downsides. Image Source: Zacks Investment Research Over the past year, this Zacks Rank #3 (Hold) stock has gained 11.8% compared with the industry's 10.1% growth and the S&P ...

1 IF D H HT T 100 - 100 1 i T 1 Pgiam/iStock via Getty Images Investment update Following my last publication on HealthEquity, Inc. (NASDAQ:HQY) the stock is +14% including a sharp consolidation/distribution in July, when the company revealed one of its business partners suffered a cybersecurity event. I have been bullish on HQY since June last year (see the report here) but have covered the name since 2021 (see prior publications here) noting a positive shift in fundamentals that is beginning to materializ ...

DRAPER, Utah, Aug. 21, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, will kick off the second annual HSA WeekTM on August 26. The weeklong event will include a variety of resources to educate workers and companies about HSAs and their potential to improve healthcare savings and financial stability. According to a recent HealthEquity research study, roughly 40% of employees lack confidenc ...

DRAPER, Utah, Aug. 13, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced plans to release its second quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Tuesday, September 3, 2024. Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, September 3, 2024, at 4:30 p.m. Eastern Time duri ...