Jack Henry & Associates (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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).
Guidance
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.
