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Jack Henry & Associates (JKHY)
NASDAQ:JKHY
RESEARCH TOOLSreports
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
1.36Last Year’s EPS
1.19Same Quarter Last Year
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -1.69%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, record sales, and client retention, alongside notable awards and recognition. However, there were challenges related to declining deconversion and hardware revenue, and increased operating expenses.Company Guidance
During Jack Henry & Associates, Inc.'s second quarter fiscal 2025 earnings call, the company reported a 6.1% increase in non-GAAP revenue, surpassing their prior guidance of 6%. They achieved a non-GAAP operating margin of 21.5%, slightly above expectations. The sales performance was robust with eleven competitive core wins, including institutions with over $1 billion in assets and a notable $7.5 billion asset win. The company set a record for sales in Q2 and closed thirteen deals to move existing clients to their private cloud. Client renewals were also strong, with twenty-eight core renewals in Q2, up 21% from the first half of the previous year. The company maintained a core retention rate of over 99% excluding M&A. Jack Henry & Associates, Inc. also signed fourteen new debit processing clients and two credit clients, and continued growth was observed in their Bano digital platform, with an increase in registered users to 13.2 million, a 20% rise over the past year. The company reiterated their fiscal 2025 full-year guidance, anticipating a strong second half driven by cloud growth, card volume increases, and new product installations.Exceeding Financial Expectations
Non-GAAP revenue growth of 6.1% in Q2, exceeding the 6% guidance. Non-GAAP operating margin of 21.5% was also slightly better than expected.
Record Sales Performance
Achieved record sales in Q2 for the second consecutive quarter with eleven competitive core wins and thirteen deals moving existing clients to the private cloud.
Client Renewal Success
Closed twenty-eight core renewals in Q2, a 21% increase over the first six months of last year, with a core retention rate over 99%.
Recognition and Awards
Scimitar core platform ranked as the largest for credit unions for the seventh consecutive year. Received Forbes' Most Trusted Companies in America and Newsweek's Greatest Workplaces for Diversity awards.
Bano Platform Growth
Signed eighteen new clients to the Bano retail platform and thirty-three new Bano business deals in the quarter, with a 20% increase in registered users over the past twelve months.
Strong Cash Flow and Capital Allocation
Second-quarter operating cash flow was $90 million, with a trailing twelve-month free cash flow of $296 million.
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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
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JKHY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $174.08 | $172.78 | -0.75% |
| 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% |
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.
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FAQ
When does Jack Henry & Associates (JKHY) report earnings?
Jack Henry & Associates (JKHY) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Jack Henry & Associates (JKHY) earnings time?
Jack Henry & Associates (JKHY) earnings time is at May 06, 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 (Q3) is 1.36.
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