Jack Henry & Associates (NASDAQ:JKHY) reported its Q3 earnings results on Tuesday, May 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Jack Henry & Associates beat estimated earnings by 9.43%, reporting an EPS of $1.16 versus an estimate of $1.06.
Revenue was up $44.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 3.45% increase in the share price the next day.
Here's a look at Jack Henry & Associates's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.13 | 1.32 | 0.93 | 0.86 |
| EPS Actual | 1.30 | 1.38 | 1.04 | 0.95 |
| Revenue Estimate | 467.97M | 489.35M | 445.12M | 439.60M |
| Revenue Actual | 493.90M | 488.06M | 450.29M | 433.78M |
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 2022, expecting earnings between $4.8 and $4.85 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.
