Jack Henry & Associates
The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Jack Henry & Associates beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew significantly.
Margins grew across the board.
Jack Henry & Associates notched revenue of $271.0 million. The nine analysts polled by S&P Capital IQ predicted revenue of $264.9 million on the same basis. GAAP reported sales were 9.1% higher than the prior-year quarter's $248.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.49. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. GAAP EPS of $0.49 for Q1 were 17% higher than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 42.8%, 80 basis points better than the prior-year quarter. Operating margin was 24.9%, 160 basis points better than the prior-year quarter. Net margin was 15.7%, 100 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $272.8 million. On the bottom line, the average EPS estimate is $0.48.
Next year's average estimate for revenue is $1.10 billion. The average EPS estimate is $1.92.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 241 members out of 246 rating the stock outperform, and five members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 75 give Jack Henry & Associates a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Jack Henry & Associates is hold, with an average price target of $37.14.
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