HealthEquity Reports Third Quarter Ended October 31, 2021 Financial Results

Go back to HealthEquity Reports Third Quarter Ended October 31, 2021 Financial Results

Raymond James Downgrades HealthEquity, Inc (HQY) to Outperform

December 7, 2021 7:14 AM EST

Raymond James analyst C. Gregory Peters downgraded HealthEquity, Inc (NASDAQ: HQY) from Strong Buy to Outperform with a price target of $70.00 (from $90.00) following results.

The analyst commented, "The stock was down over 20% after hours last night as management lowered guidance (see page 2 for changes in guidance) for FY22 due in part to disappointing Service and Interchange revenue results. Service revenue declined 1.7% y/y to $103M in... More

HealthEquity (HQY) Reports In-Line Q3 EPS, FY EPS Guidances Misses Consensus

December 6, 2021 4:03 PM EST

HealthEquity (NASDAQ: HQY) reported Q3 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $180 million versus the consensus estimate of $185.05 million.

GUIDANCE:

HealthEquity sees FY2022 EPS of $1.30-$1.35, versus the consensus of $1.48. HealthEquity sees... More