Recap: Jack Henry & Associates Q3 Earnings

Jack Henry & Associates JKHY reported its Q3 earnings results on Tuesday, May 3, 2022 at 04:00 PM.

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

Jack Henry & Associates beat estimated earnings by 9.43%, reporting an EPS of $1.16 versus an estimate of $1.06.

Revenue was up $44.48 million from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 3.45% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.13	1.32	0.93	0.86
EPS Actual	1.30	1.38	1.04	0.95
Revenue Estimate	467.97M	489.35M	445.12M	439.60M
Revenue Actual	493.90M	488.06M	450.29M	433.78M

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 2022, expecting earnings between $4.8 and $4.85 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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