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Jack Henry: Fiscal Q3 Earnings Snapshot

By Kirsten Stokes | News-Press Now

MONETT, Mo. (AP) — MONETT, Mo. (AP) — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal third-quarter net income of $111.1 million.

On a per-share basis, the Monett, Missouri-based company said it had net income of $1.52.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.

The payment processsing company posted revenue of $585.1 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $586.8 million.

Jack Henry expects full-year earnings to be $6 to $6.09 per share, with revenue in the range of $2.35 billion to $2.37 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKHY at https://www.zacks.com/ap/JKHY

Article Topic Follows: AP Missouri News

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