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Jack Henry: Fiscal 1Q Earnings Snapshot

MONETT, Mo. (AP) _ Jack Henry & Associates Inc. (JKHY) on Monday reported fiscal first-quarter profit of $89.4 million.

On a per-share basis, the Monett, Missouri-based company said it had net income of $1.16.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.

The payment processsing company posted revenue of $438 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $420.9 million.

Jack Henry shares have climbed 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $142.72, a drop of slightly more than 4% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKHY at https://www.zacks.com/ap/JKHY