Jack Henry & Associates: Q2 Earnings Insights

Jack Henry & Associates JKHY reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:46 PM.

Here's what investors need to know about the announcement.

Jack Henry & Associates beat estimated earnings by 7.02%, reporting an EPS of $1.22 versus an estimate of $1.14.

Revenue was up $40.39 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 4.54% increase in the share price the next day.

Here's a look at Jack Henry & Associates's past performance:

Quarter	Q1 2024	Q4 2023	Q3 2023	Q2 2023
EPS Estimate	1.32	1.19	1.10	1.11
EPS Actual	1.39	1.34	1.12	1.10
Revenue Estimate	565.75M	511.33M	500.75M	515.42M
Revenue Actual	571.37M	534.63M	508.55M	505.31M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Jack Henry & Associates management provided guidance for FY 2024, expecting earnings between $5.09 and $5.13 per share.

To track all earnings releases for Jack Henry & Associates visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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