HealthEquity's Q3: Beating Estimates, Strong Outlook

HealthEquity Incorporated, a Draper, Utah-based company, reported robust financial results for its fiscal third quarter, surpassing analysts predictions. With a net income of $51.7 million and adjusted earnings of $1.01 per share, they outperformed the average estimate of $0.90 per share. Revenue also exceeded expectations, reaching $322.2 million, compared to the forecasted $320 million. HealthEquitys optimistic full-year guidance, with earnings projected between $3.87 and $3.95 per share and revenue between $1.3 billion and $1.31 billion, signals a promising future for the company.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.