Jack Henry & Associates Inc reports results for the quarter ended in June - Earnings Summary

Jack Henry & Associates

20/08/2024 22:21

* Jack Henry & Associates Inc  JKHY.OQ  reported quarterly
adjusted earnings of $1.38​​ per share for the quarter ended in
June, higher than the same quarter last year, when the company
reported EPS of $1.34.  The mean expectation of sixteen analysts
for the quarter was for earnings of $1.32 per share. Wall Street
expected results to range from $1.26  to $1.34 per share.
    * Revenue rose 4.7% to $559.91 million from a year ago;
analysts
expected $563.46 million. 
    * Jack Henry & Associates Inc's reported EPS for the quarter
was
$1.38​.
    * The company reported quarterly net income of $101.07
million.
    * Jack Henry & Associates Inc shares had fallen by 1.2% this
quarter and gained 0.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is  "hold."

Wall Street's median 12-month price target for Jack Henry &
Associates Inc is $180.50 
This summary was machine generated from LSEG data August 20 at
09:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.32           1.38           Beat
 Mar. 31 2024      1.17           1.19           Beat
 Dec. 31 2023      1.14           1.26           Beat
 Sep. 30 2023      1.32           1.39           Beat