HealthEquity (HQY) Tops Q4 EPS by 1c

HealthEquity (NASDAQ: HQY) reported Q4 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $24.9 million versus the consensus estimate of $23.5 million.

HSA Member metrics

The total number of HSAs for which we serve as a non-bank custodian ("HSA Members") as of January 31, 2015 was 1.4 million, an increase of 47% from 968,000 as of January 31, 2014.

Total assets under management ("AUM") as of January 31, 2015 was $2.4 billion, an increase of 45% year over year, comprised of:

• Cash AUM of $2.1 billion, an increase of 44% compared to the same period last year; and
• Investment AUM of $286.5 million, an increase of 57% compared to the same period last year.

Investment AUM was 12% of total AUM as of January 31, 2015 compared to 11% as of January 31, 2014.

HealthEquity sees FY2015 EPS of $0.28-$0.30, versus the consensus of $0.32. HealthEquity sees FY2015 revenue of $117-121 million, versus the consensus of $117.0 million.

For earnings history and earnings-related data on HealthEquity (HQY) click here.

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