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Jack Henry: Fiscal 4Q Earnings Snapshot

Associated Press
Updated

MONETT, Mo. (AP) _ Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal fourth-quarter profit of $61 million.

On a per-share basis, the Monett, Missouri-based company said it had profit of 79 cents.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The payment processsing company posted revenue of $393.5 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $391 million.

For the year, the company reported profit of $271.9 million, or $3.52 per share. Revenue was reported as $1.55 billion.

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Jack Henry shares have risen 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $140.77, a fall of nearly 3% in the last 12 months.

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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