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JKHY — Jack Henry & Associates News Story

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Jack Henry jumps after quarterly profit, revenue top estimates

BUZZ-Jack Henry jumps after quarterly profit, revenue top estimates

** Shares of financial technology firm Jack Henry & Associates JKHY.O rise 8% to $165.5

** Co after markets close on Tuesday reported Q4 profit of $1.57 per share vs analysts' average estimate of $1.46 - data compiled by LSEG

** JKHY reported Q4 revenue of about $644 million vs estimates of $630.8 million

** "We believe recent changes in the competitive environment strengthened Jack Henry's positioning and new‑business backdrop," Oppenheimer says

** 12 of 17 analysts rate stock "strong buy" or "buy", four "hold" and one "sell"; their median PT is $192 - LSEG data

** Including session's move, stock down 9.2% YTD


(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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