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

Jack Henry & Associates

08/05/2024 06:52

* Jack Henry & Associates Inc  JKHY.OQ  reported quarterly
adjusted earnings of $1.19​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of $1.12.  The mean expectation of
seventeen analysts for the quarter was for earnings of $1.17 per
share. Wall Street expected results to range from $1.15 
to $1.19 per share.
    * Revenue rose 5.9% to $538.56 million from a year ago;
analysts
expected $541.58 million. 
    * Jack Henry & Associates Inc's reported EPS for the quarter
was
$1.19​.
    * The company reported quarterly net income of $87.1
million.
    * Jack Henry & Associates Inc shares had fallen by 4.7% this
quarter and gained 1.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for Jack Henry &
Associates Inc is $180.00 
This summary was machine generated from LSEG data May 8 at 05:51
a.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
 Mar. 31 2024      1.17           1.19           Beat
 Dec. 31 2023      1.14           1.26           Beat
 Sep. 30 2023      1.32           1.39           Beat
 Jun. 30 2023      1.18           1.34           Beat