Why HealthEquity Stock Is Up Today
Portfolio Pulse from Ryan Gustafson
HealthEquity (NASDAQ:HQY) shares are up after reporting better-than-expected Q1 results and issuing guidance above estimates. Q1 earnings were 50 cents per share, beating the consensus estimate of 41 cents, and sales of $244.43 million surpassed the estimate of $239.43 million.
June 06, 2023 | 7:27 pm
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HealthEquity's stock is up after reporting better-than-expected Q1 earnings and sales, and issuing guidance above estimates.
HealthEquity reported better-than-expected Q1 earnings and sales, and issued guidance above estimates, which is a positive signal for investors. This news is likely to drive the stock price up in the short term as it indicates strong financial performance and future growth potential.
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IMPORTANCE 90
RELEVANCE 100