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Jack Henry: Fiscal 2Q Earnings Snapshot

MONETT, Mo. (AP) _ Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal second-quarter net income of $72.1 million.

The Monett, Missouri-based company said it had profit of 94 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The payment processsing company posted revenue of $419.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $411.6 million.

Jack Henry shares have increased nearly 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $153.77, a climb of 13% in the last 12 months.


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