Move decomposition
Earnings contribution and valuation offset
The market move is separated into the change in trailing earnings power and the offset from relative valuation.
US Equity · NASDAQ · Earnings Dossier
HQY earnings intelligence
HealthEquity IncHealthcare · Health Information Services · USD reporting basis
Current earnings profile
Delivery strong, expectations demanding
Results have usually cleared estimates, but price has not consistently rewarded the delivery.
Evidence99/100 · Deep
Next scheduled catalyst
Thursday 27 August 2026
Before the open · Fiscal period ending 31 Jul 2026
43event risk
Moderate
Countdown13 dayscalendar proximity
EPS estimate0.99 USDprovider consensus
Estimate growth-8.3%versus comparable year-ago actual
Historical movement5.0%average absolute next weekly close
Three-year earnings transmission
Delivered earnings power versus market price
Earnings power is leading market price; the spread is closing and has persisted through 12 updates. Both series begin at 100, so the gap isolates the relative change in price and trailing earnings power.
Market move55.9%2023-08-18 to 2026-08-07
Earnings move160.1%trailing diluted EPS
Unresolved spread104.2 ptsClosing
Current multiple25.5xprice divided by TTM EPS
Relationship pressure69/100High
Model confidence96/100High
Relationship controls
What qualifies the headline spread
Persistent earnings lead
Earnings power has led market price across several updates.
Repricing may be starting
The longstanding earnings lead is beginning to close through price confirmation.
Business quality supportive
Cash generation and operating evidence are broadly supportive.
Beat rate91.7%11 beats in 12 measured quarters
Average surprise+13.4%median 13.2%
Delivery streak55 consecutive beats
Average response-0.9%12 measured reactions
Result-price confirmation55%same directional sign
Surprise variability7.6 ptspopulation dispersion
Estimate delivery
Actual EPS versus consensus
Actual and estimated EPS are displayed in reported currency on the same quarterly basis.
Price acceptance
Surprise and next weekly close
The response uses the first completed weekly close after the public report against the prior completed weekly close.
Fundamental delivery
Quarterly revenue and net income
Reported financial statements provide scale and earnings quality context around the headline EPS result.
Transmission matrix
Does price confirm delivery?
Upper right and lower left observations confirm the sign of delivery. The other quadrants expose expectation or resilience effects.
Current business context
Growth, quality and valuation
EPS growth89.4%year on year
Revenue growth7.6%year on year
Average surprise12.0%latest four quarters
SUE1.37standardised surprise
Net margin17.3%trailing basis
Cash conversion2.27xcash flow / net income
P/E37.9xcurrent snapshot
Data completeness100%alphavantage
Market context
Positioning into the event
Weekly close104.63 USDcompleted week
13-week return23.3%price momentum
Fair-value gap21.3%price versus current fair value
Relative strength2.1exchange benchmark
Trend signalActiveweekly architecture
Next-week stateUndecided55.0%
Market context describes the setup surrounding the report. It does not convert the earnings event into a directional forecast.
Reported evidence ledger
Quarter-by-quarter delivery and acceptance
Each row preserves the reported estimate, public date, statement context and conservative weekly reaction measurement.
Reported / periodEPS actual / estimateSurpriseEPS growthRevenue / growthNext close / four weeksRead
Reported / period28 May 202630 Apr 2026 · exact
EPS actual / estimate1.07 / 0.94USD
Surprise+13.8%Beat
EPS growth+10.3%year on year
Revenue / growth354641000+7.2% · USD
Next close / four weeks-0.1% / -3.3%completed weekly closes
ReadContainedresult versus price sign
Reported / period17 Mar 202631 Jan 2026 · exact
EPS actual / estimate0.95 / 0.90USD
Surprise+5.8%Beat
EPS growth+37.7%year on year
Revenue / growth334586000+7.3% · USD
Next close / four weeks+4.1% / +0.2%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period3 Dec 202531 Oct 2025 · exact
EPS actual / estimate1.01 / 0.91USD
Surprise+11.0%Beat
EPS growth+29.5%year on year
Revenue / growth322164000+7.2% · USD
Next close / four weeks-10.1% / -11.1%completed weekly closes
ReadDivergedresult versus price sign
Reported / period2 Sep 202531 Jul 2025 · exact
EPS actual / estimate1.08 / 0.92USD
Surprise+17.4%Beat
EPS growth+25.6%year on year
Revenue / growth325835000+8.6% · USD
Next close / four weeks+2.4% / +8.1%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period3 Jun 202530 Apr 2025 · exact
EPS actual / estimate0.97 / 0.81USD
Surprise+19.8%Beat
EPS growth+21.2%year on year
Revenue / growth330844000+15.0% · USD
Next close / four weeks+10.9% / +4.2%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period18 Mar 202531 Jan 2025 · exact
EPS actual / estimate0.69 / 0.72USD
Surprise-4.2%Miss
EPS growth+9.5%year on year
Revenue / growth311817000+18.8% · USD
Next close / four weeks-12.9% / -15.6%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period9 Dec 202431 Oct 2024 · exact
EPS actual / estimate0.78 / 0.72USD
Surprise+8.3%Beat
EPS growth+30.0%year on year
Revenue / growth300432000+20.5% · USD
Next close / four weeks-4.6% / -2.7%completed weekly closes
ReadDivergedresult versus price sign
Reported / period3 Sep 202431 Jul 2024 · exact
EPS actual / estimate0.86 / 0.70USD
Surprise+22.9%Beat
EPS growth+62.3%year on year
Revenue / growth299928000- · USD
Next close / four weeks-4.2% / +0.5%completed weekly closes
ReadDivergedresult versus price sign
Reported / period3 Jun 202430 Apr 2024 · exact
EPS actual / estimate0.80 / 0.65USD
Surprise+23.1%Beat
EPS growth-year on year
Revenue / growth287597000- · USD
Next close / four weeks+4.4% / +5.5%completed weekly closes
ReadConfirmedresult versus price sign
Reported / period19 Mar 202431 Jan 2024 · exact
EPS actual / estimate0.63 / 0.56USD
Surprise+12.5%Beat
EPS growth-year on year
Revenue / growth262387000- · USD
Next close / four weeks-2.2% / -2.0%completed weekly closes
ReadDivergedresult versus price sign
Reported / period5 Dec 202331 Oct 2023 · exact
EPS actual / estimate0.60 / 0.50USD
Surprise+20.0%Beat
EPS growth-year on year
Revenue / growth249219000- · USD
Next close / four weeks-1.3% / -4.5%completed weekly closes
ReadDivergedresult versus price sign
Reported / period5 Sep 202331 Jul 2023 · exact
EPS actual / estimate0.53 / 0.48USD
Surprise+10.4%Beat
EPS growth-year on year
Revenue / growth-- · USD
Next close / four weeks+2.4% / +10.0%completed weekly closes
ReadConfirmedresult versus price sign
Reproducible method
How the earnings dossier is measured
Reported diluted EPS is compared with the stored estimate for the same fiscal period. Moves within ±0.5% are classified as in-line.
The first completed weekly close after the public date is compared with the prior completed weekly close. Four-week response uses the first close at least 21 days later.
Risk combines proximity, average absolute price movement, surprise variability, estimate availability and timing certainty. It does not score direction.
Exact public dates are used when stored. Missing estimates, timing and statement fields remain missing. No result or reaction is filled from a future observation.
Independent market research for education. Not investment advice, a recommendation, forecast, target or execution instruction.