Jack Henry (JKHY) Tops Q4 EPS by 2c, Revenues Miss; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Guidance Above Consensus
Jack Henry (NASDAQ: JKHY) reported Q4 EPS of $0.80, $0.02 better than the analyst estimate of $0.78. Revenue for the quarter came in at $410.54 million versus the consensus estimate of $413.1 million.
Fourth quarter summary:
- GAAP revenue increased 4% and operating income decreased 3% for the quarter compared to the prior-year quarter.
- Non-GAAP adjusted revenue increased 4% and adjusted operating income decreased 2% for the quarter compared to the prior-year quarter.
- GAAP EPS was $0.80 per diluted share for the quarter, compared to $0.79 in the prior-year quarter.
According to David Foss, President and CEO, "We are very pleased to report another quarter of record revenue to finish off a very solid year of financial performance for our company. Despite the challenges associated with conducting business in the midst of a global pandemic, our sales teams persevered and set a monthly sales record in June and a quarterly sales record in our fiscal fourth quarter. At the same time, our operations teams continued to deliver new solutions and outstanding customer service for our clients. Even in the current business environment, the resiliency of our business model and the ongoing commitment of our associates have put us in a position to continue to successfully execute as we look forward to the new fiscal year."
GUIDANCE:
Jack Henry sees FY2021 EPS of $3.70-$3.75, versus the consensus of $3.84. Jack Henry sees FY2021 revenue of $1.75-1.77 billion, versus the consensus of $1.7 billion.
For earnings history and earnings-related data on Jack Henry (JKHY) click here.
