JKHY Earnings Prediction
The chart below shows how JKHY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JKHY sees a +0.63% change in stock price 10 days leading up to the earnings, and a -1.05% change 10 days following the report. On the earnings day itself, the stock moves by -0.18%. This data can give you a slight idea of what to expect for the next quarter's release.
JKHY Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
545.70M
7.99%
-4.49%
Gross Margin
41.18%
3.68%
-5.27%
Operating Margin
21.80%
2.59%
-6.12%
Net Margin
16.85%
5.38%
-5.34%
EPS
1.26
14.55%
-9.35%
No Data Available
JKHY Earnings Analysis
Jack Henry & Associates Inc Corporation (JKHY.O) Earnings Conference Call
Positive
Strong Revenue Performance: Non GAAP revenue growth of 6.1% in Q2 exceeded the anticipated 6%, indicating strong financial performance.
Sales Record Achievement: Achieved a sales record in Q2 with 11 competitive core wins, including three financial institutions with over $1 billion in assets, showcasing robust sales momentum.
Core Renewals Growth: Closed 28 core renewals in Q2, a 21% increase over the same period last year, reflecting strong client retention and confidence in Jack Henry's services.
Cloud Offerings Growth: Private and public cloud offerings increased by 11% in Q2, contributing to 33% of total revenue and highlighting strong growth in recurring revenue streams.
Cash Flow Improvement: Operating cash flow for Q2 was $90 million, an $8 million increase year-over-year, demonstrating improved cash generation capabilities.
Negative
Deconversion Revenue Decline: Quarterly deconversion revenue of approximately $100,000 was down $5,000,000 compared to the same period last year, reflecting minimal consolidation of clients.
Hardware Revenue Decline: Hardware revenue was down $2,000,000 for the quarter and $7,000,000 year to date, creating headwinds for services and support revenue.
R&D Expense Increase: R&D expense increased 16% on both a GAAP and non GAAP basis for the quarter, primarily related to personnel costs, indicating rising operational expenses.
SG&A Expense Increase: SG&A expense increased 9% for the quarter on both a GAAP and non GAAP basis, also related to increased personnel costs, which could pressure margins.
Profitability Decline Despite Growth: Non GAAP margin decreased by 34 basis points year to date, indicating a decline in profitability despite revenue growth.
JKHY FAQs
How does JKHY typically perform around its earnings report dates?
Is Jack Henry & Associates Inc (JKHY) Q2 2024 Earnings Call Summary positive or negative?
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JKHY Earning Call Sentiment
Earnings call transcript: Jack Henry's Q2 2024 results meet expectations
JKHY.O
0.06%Positive
The earnings call highlights strong financial performance, with record sales, revenue growth, and a positive outlook for the second half of the fiscal year. The Q&A section reflects confidence in future growth drivers and no significant competitive threats. Although some responses lacked detail, the overall sentiment remains optimistic, with expected revenue acceleration and robust demand. The shareholder return plan includes share repurchases, and financial health is stable, supporting a positive sentiment rating. Given the lack of market cap data, the prediction is a moderate positive stock price movement.
