Reported 10 months ago
HealthEquity shares dropped sharply on Tuesday after the company's fiscal year earnings and sales projections failed to meet analysts' expectations, leading to a disappointing outlook despite strong quarterly results. The company anticipates earnings per share of $3.08 to $3.16 for 2025, significantly lower than the expected $3.72, and revenue estimates also missed the mark. This disappointing forecast overshadowed a successful third quarter, where both EPS and revenue exceeded estimates.
Source: YAHOO