Earnings Outlook For HealthEquity
Portfolio Pulse from Benzinga Insights
HealthEquity (NASDAQ:HQY) is expected to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts predicting an EPS of $0.50. Investors are looking for an earnings beat and positive guidance for future growth. Historically, HealthEquity has had mixed post-earnings stock price movements, with the last quarter resulting in a 3.76% increase after beating EPS estimates. Shares are currently trading at $69.39, up 6.14% over the last 52 weeks, indicating a positive sentiment among long-term shareholders.
December 04, 2023 | 2:00 pm
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POSITIVE IMPACT
HealthEquity is anticipated to report an EPS of $0.50 in its upcoming earnings, with a history of mixed stock reactions post-earnings. Shares have risen 6.14% over the past year, indicating a positive trend.
Given HealthEquity's history of beating EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a short-term positive impact if the company beats the EPS again and provides favorable guidance. The stock's positive performance over the past year further supports investor confidence.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100