Jack Henry & Associates Inc reports results for the quarter ended June 30 - Earnings Summary

• Jack Henry & Associates Inc JKHY.OQ reported quarterly adjusted earnings of $1.75​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.38. The mean expectation of fourteen analysts for the quarter was for earnings of $1.58 per share. Wall Street expected results to range from $1.52 to $1.66 per share.

• Revenue rose 9.9% to $615.37 million from a year ago; analysts expected $604.55 million.

• Jack Henry & Associates Inc's reported EPS for the quarter was $1.75​.

• The company reported quarterly net income of $127.6 million.

• Jack Henry & Associates Inc shares had fallen by 10.7% this quarter and lost 8.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for Jack Henry & Associates Inc is $190.00, about 15.4% above its last closing price of $160.83

This summary was machine generated from LSEG data August 19 at 09:00 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)