- Earnings Per Share (EPS): Jack Henry’s Q2 EPS came in at $1.34, surpassing last year’s $1.26 and beating the estimated $1.32.
- Processing Revenue: Achieved $250.8 million, representing a 7.3% increase year-over-year, beating the estimate of $244.8 million.
- Core Revenue: Totaled $173.2 million, a 4.6% increase year-over-year, slightly missing the estimate of $173.9 million.
- Payments Revenue: Reached $214.8 million, marking a 5.4% increase year-over-year, slightly below the projected $217.5 million.
- Complementary Revenue: Reported at $160.9 million, a 5.6% increase year-over-year, missing the estimate of $162.8 million.
- Operating Margin: Recorded a margin of 21.4%, down from 21.8% the previous year.
- Adjusted Revenue: Stood at $573.8 million, a 6.1% rise year-over-year, just shy of the $574 million estimate.
- Total Revenue: Amounted to $573.8 million, increasing by 5.2% year-over-year.
- Yearly Forecast: Jack Henry maintains its EPS outlook between $5.78 and $5.87, close to the projected $5.82.
- Revenue Forecast: Continues to expect adjusted revenue between $2.35 billion and $2.38 billion, and total revenue between $2.37 billion and $2.39 billion.
- Analyst Ratings: The company has 5 buy ratings, 12 hold ratings, and 3 sell ratings.
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A look at Jack Henry & Associates Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Jack Henry & Associates, a company that develops computer systems for financial institutions, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a above-average Growth score of 4, the company is likely to experience solid expansion in the future. Coupled with Resilience and Momentum scores of 3, Jack Henry seems well-equipped to withstand market challenges and maintain a steady performance. While the Value score is moderate at 2, indicating room for improvement in this aspect, the company’s Dividend score of 3 suggests a stable dividend payout to investors.
In summary, Jack Henry & Associates provides integrated computer systems for financial institutions and has received credible Smartkarma Smart Scores. The company’s high Growth score reflects its potential for expansion, while its Resilience and Momentum scores point towards stability and progress. Investors may find the company attractive for its dividend payout, although there is room for enhancement in terms of value. Overall, Jack Henry & Associates appears to be on a positive trajectory for long-term success in the financial technology sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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