Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Jack Henry & Associates (JKHY)
NASDAQ:JKHY
RESEARCH TOOLSreports
Holding JKHY?
Track your performance easily
Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$1.34Last Year’s EPS
$1.26Same Quarter Last Year
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 05, 2024
|% Change Since: -4.43%
|Next Earnings Date:Feb 11, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong quarter for Jack Henry, with record sales performance, significant client engagement, and industry recognition. However, some challenges were noted, such as delays in core deals due to external factors and integration challenges with competitors. Overall, the company shows confidence in maintaining its growth trajectory.Company Guidance
During the Jack Henry Q1 2025 earnings call, the company provided comprehensive guidance for the fiscal year. The executives reported a non-GAAP revenue growth of 5.3% for Q1, slightly surpassing the anticipated 5.25%. They maintained confidence in achieving a full-year non-GAAP revenue growth of 7% to 8%, with expectations for non-GAAP margins to contract by 89 basis points, less than the previously anticipated 100 basis points. The sales team achieved record sales attainment in Q1, including six competitive core wins, with three institutions having over $1 billion in assets. Additionally, Jack Henry plans to continue its focus on cloud migration, with private and public cloud offerings growing over 11% and representing 30% of total revenue. They expect Q2 non-GAAP revenue growth to be around 6%, with improved performance projected for the second half of the fiscal year, driving full-year revenue and margin targets, and a healthy start towards achieving their long-term financial objectives.Exceeding Financial Expectations
Jack Henry exceeded its first-quarter outlook with non-GAAP revenue growth of 5.3%, surpassing the anticipated 5.25%. The company remains confident in its full-year non-GAAP revenue guidance of 7% to 8%.
Record Sales Performance
The company continued its positive momentum with record sales attainment in Q1, including 6 competitive core wins and 6 deals to move existing clients to the private cloud.
Strong Client Engagement
The Jack Henry Connect conference attracted nearly 2,600 clients and prospects, contributing significantly to sales leads, with 17 new core wins from attendees last year.
Notable Industry Recognition
Jack Henry was ranked in several top workplace lists, including 16th in News Week's 'Most Loved Workplaces' and 11th in IDC's 2024 FinTech rankings.
Growth in Digital Solutions
Banno platform saw a 20% increase in registered users over the past year, with continued strong client sign-ups for Banno retail and business solutions.
---
JKHY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
JKHY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $184.94 | $179.84 | -2.76% |
| Aug 20, 2024 | $164.51 | $164.41 | -0.06% |
| May 07, 2024 | $164.07 | $164.01 | -0.04% |
| Feb 06, 2024 | $161.84 | $167.04 | +3.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Jack Henry & Associates (JKHY) report earnings?
Jack Henry & Associates (JKHY) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Jack Henry & Associates (JKHY) earnings time?
Jack Henry & Associates (JKHY) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JKHY EPS forecast?
JKHY EPS forecast for the fiscal quarter 2025 (Q2) is $1.34.
---