BUZZ-HealthEquity drops after 2027 outlook misses estimates

Reuters01-13
BUZZ-<a href="https://laohu8.com/S/HQY">HealthEquity</a> drops after 2027 outlook misses estimates

** Shares of health-savings account (HSA) manager HealthEquity HQY.O down 8.5% to over eight-month low of $86.19 on Mon after annual guidance comes in slightly below consensus

** HQY shares tracking steepest daily pct loss since Mar

** Draper, Utah-based firm early Mon said it expects FY 2027 rev of $1.38-$1.41 bln vs avg analyst estimate of $1.41 bln, per LSEG data

** It also sees adj EBITDA margin for 2027 of 43.8%-44.3% and yield on HSA cash of about 3.75%

** Wall Street had called for EBITDA margin of 44.5%

** Co reaffirmed previous guidance for FY 2026 ending Jan 31, and said in statement it's "positioned to drive durable growth and create long-term value for shareholders"

** With the move on Mon, HQY shares down ~14% over the past year

** Of 16 analysts covering the stock, recommendation breakdown is 14 "strong buy" or "buy", 1 "hold" and 1 "sell"; median PT $125 - LSEG

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

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