Earnings Outlook For HealthEquity
Portfolio Pulse from Benzinga Insights
HealthEquity (NASDAQ:HQY) is scheduled to release its quarterly earnings report on March 19, 2024, with analysts expecting an EPS of $0.56. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. Shares of HealthEquity have increased by 40.23% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders. Investors will be closely watching for the earnings results and any forward-looking guidance provided by the company.
March 18, 2024 | 2:00 pm
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HealthEquity is expected to report an EPS of $0.56 for the upcoming quarter. Historical data shows positive stock movements following earnings beats. With a 40.23% increase in share price over the last year, investor sentiment is bullish.
Given HealthEquity's history of exceeding EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on HQY's stock price, especially if the company beats the EPS estimate again and provides optimistic future guidance. The 40.23% year-to-date increase in share price further supports a bullish outlook among investors.
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IMPORTANCE 90
RELEVANCE 100