Jack Henry: Fiscal 4Q Earnings Snapshot
MONETT, Mo. (AP) _ Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal fourth-quarter profit of $85.3 million.
On a per-share basis, the Monett, Missouri-based company said it had net income of $1.10.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.
The payment processsing company posted revenue of $417.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $406.2 million.
For the year, the company reported profit of $376.7 million, or $4.85 per share. Revenue was reported as $1.54 billion.
Jack Henry shares have risen 23 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $144.10, a rise of 45 percent in the last 12 months.