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Jack Henry (JKHY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-20 23:00
Jack Henry (JKHY) reported $559.91 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 4.7%. EPS of $1.38 for the same period compares to $1.34 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $563.37 million, representing a surprise of -0.62%. The company delivered an EPS surprise of +6.15%, with the consensus EPS estimate being $1.30. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...
Jack Henry (JKHY) Beats Q4 Earnings Estimates
ZACKS· 2024-08-20 22:25
Jack Henry (JKHY) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.15%. A quarter ago, it was expected that this payment processsing company would post earnings of $1.16 per share when it actually produced earnings of $1.19, delivering a surprise of 2.59%. Over the last four quarters ...
Jack Henry(JKHY) - 2024 Q4 - Annual Results
2024-08-20 20:23
Press Release 3 1 Mimi L. Carsley | Chief Financial Officer | mcarsley@jackhenry.com FOR IMMEDIATE RELEASE Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2024 Results Fourth quarter summary: • GAAP revenue increased 4.7% and GAAP operating income increased 1.2% for the fiscal three months ended June 30, 2024, compared to the prior fiscal year quarter. • Non-GAAP adjusted revenue increased 6.4% and non-GAAP adjusted operating income increased 5.3% for the fiscal three months ended ...
Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2024 Results
Prnewswire· 2024-08-20 20:15
Fourth quarter summary: GAAP revenue increased 4.7% and GAAP operating income increased 1.2% for the fiscal three months ended June 30, 2024, compared to the prior fiscal year quarter. Non-GAAP adjusted revenue increased 6.4% and non-GAAP adjusted operating income increased 5.3% for the fiscal three months ended June 30, 2024, compared to the prior fiscal year quarter.1 GAAP EPS was $1.38 per diluted share for the fiscal three months ended June 30, 2024, compared to $1.34 per diluted share in the prior fisc ...
TwinStar Credit Union Continues Relationship with Jack Henry Through Successful Merger with Northwest Community Credit Union
Prnewswire· 2024-08-20 12:00
Open, scalable technology grows with credit union to strengthen member service throughout the Pacific Northwest MONETT, Mo., Aug. 20, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to share that TwinStar Credit Union is continuing its nearly four decade relationship with the company to support its successful merger with Northwest Community Credit Union (NWCU) and facilitate continued growth. TwinStar and NWCU merged in 2023 to stay competitive, scaling their products and services to over 250,000 ...
Insights Into Jack Henry (JKHY) Q4: Wall Street Projections for Key Metrics
ZACKS· 2024-08-15 14:16
The upcoming report from Jack Henry (JKHY) is expected to reveal quarterly earnings of $1.30 per share, indicating a decline of 3% compared to the year-ago period. Analysts forecast revenues of $563.37 million, representing an increase of 5.4% year over year. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a ...
Jack Henry & Associates Announces Fourth Quarter 2024 Deconversion Revenue Results
Prnewswire· 2024-08-12 20:15
MONETT, Mo., Aug. 12, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal fourth quarter, ended June 30, 2024, was $6.7 million. Deconversion revenue for the full fiscal year ended June 30, 2024, was $16.6 million. For more information about how guidance will be further updated for deconversion revenue estimates, please see Jack Henry's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 3, 2023. The m ...
Tammy LoCascio and Lisa Nelson Appointed to Jack Henry Board of Directors
Prnewswire· 2024-07-23 20:15
Jack Henry also announced a temporary expansion of its Board from nine to 10 directors. This expansion will last until the company's 2024 Annual Meeting of Stockholders, at which time nine director nominees are expected to stand for election to the Board. Nelson, 61, is President of the Equifax Inc. International business. She previously served as President of Equifax Australia and New Zealand, President and General Manager of Equifax Canada, and Corporate Senior Vice President and Enterprise Alliance Leade ...
Three de Novo Banks in the Southeastern U.S. Grow with Jack Henry
Prnewswire· 2024-07-22 13:00
Craft Bank, RockPointBank and Moultrie Bank & Trust win on innovation and service Craft Bank and Moultrie Bank & Trust, both based in Georgia, and Tennessee-based RockPointBank all have been established within the last four years. They were launched to serve communities with limited access to local financial services due to industry consolidation, and they have experienced steady growth since their inception. They attribute the success to several key factors: local ownership, focus, and decision-making; the ...
Jack Henry (JKHY) Boosts Clientele With FFBKC Partnership
ZACKS· 2024-07-12 15:21
To support these businesses, the bank will use Jack Henry's hosted core processing solution, Banno Digital Platform, and LoanVantage, along with enterprise solutions like treasury and workflow management tools to make modern service components available in the public cloud, allowing it to innovate faster and meet customer needs. Expanding Customer Base This apart, Jack Henry recently expanded its clientele with the addition of the Forest Park Bank. Forest Park Bank will utilize Jack Henry's Banno Digital Pl ...