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HealthEquity raises FY24 EPS view to $2.20-$2.24 from $2.08-$2.16
The Fly

HealthEquity raises FY24 EPS view to $2.20-$2.24 from $2.08-$2.16

As part of its Year-End sales metrics provided this Wednesday ahead of its Investor Day, the company also raised its FY24 revenue view to $995M-$1.0B from $985M-$995M. CFO James Lucania stated: “This strong fourth quarter sales performance provides management the ability to raise and narrow guidance for fiscal 2024, maintain and reaffirm our fiscal 2025 outlook and layout intermediate profit goals despite declining benchmark treasury rates over the past three months. Our goal is to double non-GAAP net income per share over the next three fiscal years as HSA cash yields continue to rise and margins continue to expand.”

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