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.

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.

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.