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Gear Up for Jack Henry (JKHY) Q1 Earnings: Wall Street Estimates for Key Metrics
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The upcoming report from Jack Henry (JKHY - Free Report) is expected to reveal quarterly earnings of $1.61 per share, indicating an increase of 15.8% compared to the year-ago period. Analysts forecast revenues of $600.84 million, representing an increase of 5.2% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Jack Henry metrics that are commonly monitored and projected by Wall Street analysts.
It is projected by analysts that the 'Revenues- Core' will reach $195.17 million. The estimate suggests a change of +4.7% year over year.
Based on the collective assessment of analysts, 'Revenues- Corporate & Other' should arrive at $22.78 million. The estimate indicates a year-over-year change of -5.9%.
Analysts' assessment points toward 'Revenues- Complementary' reaching $170.01 million. The estimate indicates a change of +5.4% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenues- Payments' of $213.40 million. The estimate indicates a year-over-year change of +7%.
The consensus estimate for 'Segment Income- Core' stands at $115.37 million. The estimate compares to the year-ago value of $110.51 million.
The combined assessment of analysts suggests that 'Segment Income- Complementary' will likely reach $102.27 million. Compared to the current estimate, the company reported $99.09 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Segment Income- Payments' should come in at $99.27 million. Compared to the current estimate, the company reported $90.53 million in the same quarter of the previous year.
Over the past month, shares of Jack Henry have returned +1.8% versus the Zacks S&P 500 composite's +1% change. Currently, JKHY carries a Zacks Rank #2 (Buy), suggesting that it may outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Gear Up for Jack Henry (JKHY) Q1 Earnings: Wall Street Estimates for Key Metrics
The upcoming report from Jack Henry (JKHY - Free Report) is expected to reveal quarterly earnings of $1.61 per share, indicating an increase of 15.8% compared to the year-ago period. Analysts forecast revenues of $600.84 million, representing an increase of 5.2% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Jack Henry metrics that are commonly monitored and projected by Wall Street analysts.
It is projected by analysts that the 'Revenues- Core' will reach $195.17 million. The estimate suggests a change of +4.7% year over year.
Based on the collective assessment of analysts, 'Revenues- Corporate & Other' should arrive at $22.78 million. The estimate indicates a year-over-year change of -5.9%.
Analysts' assessment points toward 'Revenues- Complementary' reaching $170.01 million. The estimate indicates a change of +5.4% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenues- Payments' of $213.40 million. The estimate indicates a year-over-year change of +7%.
The consensus estimate for 'Segment Income- Core' stands at $115.37 million. The estimate compares to the year-ago value of $110.51 million.
The combined assessment of analysts suggests that 'Segment Income- Complementary' will likely reach $102.27 million. Compared to the current estimate, the company reported $99.09 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Segment Income- Payments' should come in at $99.27 million. Compared to the current estimate, the company reported $90.53 million in the same quarter of the previous year.
View all Key Company Metrics for Jack Henry here>>>
Over the past month, shares of Jack Henry have returned +1.8% versus the Zacks S&P 500 composite's +1% change. Currently, JKHY carries a Zacks Rank #2 (Buy), suggesting that it may outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>