Core Insights - Jack Henry is launching its first Developer Conference (Devcon) on November 20, 2024, aimed at fostering collaboration in the financial technology industry [1] - The event will focus on technical discussions, providing insights into Jack Henry's APIs and tools for developers from fintechs and financial institutions [2][3] - The conference supports Jack Henry's strategy of modernizing technology and integrating over 1,000 fintechs into its ecosystem [4][6] Industry Trends - More than 90% of financial institutions plan to embed third-party technology into their digital banking experiences, highlighting the importance of technology integration [5] - The Devcon event is designed to create networking opportunities for developers, encouraging collaboration and innovation within the financial technology space [3][6] Company Strategy - Jack Henry's technology modernization strategy focuses on developing a single, modern, open-banking platform that enhances access to a wide range of solutions [4] - The company emphasizes openness and collaboration, aiming to provide financial institutions with an environment conducive to innovation [6][7]

Core Insights - Jack Henry (JKHY) is expected to report quarterly earnings of $1.61 per share, reflecting a 15.8% increase year over year [1] - Analysts forecast revenues of $600.84 million, indicating a 5.2% year-over-year growth [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting stability in analysts' forecasts [1] Revenue Estimates - 'Revenues- Core' are projected to reach $195.17 million, representing a 4.7% year-over-year increase [4] - 'Revenues- Corporate & Other' are estimated at $22.78 million, indicating a decline of 5.9% year over year [4] - 'Revenues- Complementary' are expected to be $170.01 million, showing a 5.4% increase from the prior year [4] - 'Revenues- Payments' are estimated at $213.40 million, reflecting a 7% year-over-year growth [5] Segment Income Estimates - 'Segment Income- Core' is projected at $115.37 million, compared to $110.51 million from the previous year [5] - 'Segment Income- Complementary' is expected to reach $102.27 million, up from $99.09 million in the same quarter last year [6] - 'Segment Income- Payments' is estimated at $99.27 million, compared to $90.53 million in the same quarter of the previous year [6] Stock Performance - Over the past month, Jack Henry shares have returned +1.8%, outperforming the Zacks S&P 500 composite's +1% change [6] - Jack Henry currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near future [6]

Wall Street expects a year-over-year increase in earnings on higher revenues when Jack Henry (JKHY) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key numbers are better than ...

Core Insights - Jack Henry & Associates, Inc. reported deconversion revenue of $3.7 million for the fiscal first quarter ending September 30, 2024, with full-year fiscal 2025 guidance remaining at $16 million [1][2] Group 1: Financial Performance - The deconversion revenue is primarily generated when a customer is acquired by another financial institution, leading to the termination of their contract with Jack Henry [2] - Jack Henry excludes deconversion revenue from its non-GAAP revenue reported in quarterly and annual earnings releases, as it does not reflect the ongoing operations of the business [2] Group 2: Company Overview - Jack Henry is a financial technology company that connects financial institutions with their clients, emphasizing openness, collaboration, and user-centric solutions [4] - The company has been providing technology solutions for over 48 years, serving approximately 7,500 clients and enabling them to innovate and compete effectively [4]

Hocking Valley Bank, Armed Forces Bank, Mid American Credit Union, Shore United Bank, and Freedom First Credit Union offer modern and streamlined experiences to accountholders MONETT, Mo., Oct. 28, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is proud to announce that five financial institutions have received WebAwards for websites built using Jack Henry web hosting and design services. Hocking Valley Bank won the award for Best Bank Website, marking the fifth consecutive year a Jack Henry client has won ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Jack Henry (JKHY) . This company, which is in the Zacks Electronics - Miscellaneous Services industry, shows potential for another earnings beat.When looking at the last two reports, this payment processsing company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.37%, on ave ...

Core Viewpoint - Jack Henry (JKHY) has shown strong stock performance, with a 5.1% increase over the past month and a 13% gain since the start of the year, outperforming the broader technology sector and the electronics services industry [1][2]. Financial Performance - Jack Henry reported an EPS of $1.38 in its last earnings report, exceeding the consensus estimate of $1.3, although it missed the revenue estimate by 0.62% [2]. - For the current fiscal year, earnings are projected at $5.82 per share on revenues of $2.37 billion, reflecting an 11.28% increase in EPS and a 7.13% increase in revenues [3]. - The next fiscal year is expected to see earnings of $6.29 per share on $2.54 billion in revenues, indicating year-over-year changes of 8.05% and 7.03%, respectively [3]. Valuation Metrics - Jack Henry's current valuation metrics show a trading multiple of 31.7X current fiscal year EPS estimates, aligning with the peer industry average [7]. - The trailing cash flow basis shows a trading multiple of 23.2X compared to the peer group's average of 22.2X, and the stock has a PEG ratio of 3.39, which is not competitive from a value perspective [7]. Style Scores and Zacks Rank - Jack Henry has a Value Score of D, while its Growth and Momentum Scores are both B, resulting in a combined VGM Score of B [6]. - The stock holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, indicating potential for future performance [8].

Jack Henry & Associates Inc (JKHY, Financial) has recently captured the attention of investors and financial analysts, thanks to its strong financial position. With a current share price of $177.97, despite a daily loss of 0.97%, the company has shown a promising three-month growth of 8.95%. A detailed analysis, supported by the GF Score, indicates that Jack Henry & Associates Inc is poised for significant growth in the foreseeable future. Jack Henry & Associates Inc (JKHY) GF Score: 97/100 Oct 02, 2024 Pow ...

Financial technology company ranked 16th based on outstanding employee sentiment and satisfaction MONETT, Mo., Oct. 2, 2024 /PRNewswire/ -- Jack Henry has once again been recognized as one of America's Top Most Loved Workplaces® by Newsweek, placing No. 16 out of 200 companies. This is the third consecutive year Jack Henry has ranked in the top 20 on the prestigious list. "Our consistent recognition on this list reflects the dedication of our associates, who are at the heart of everything we do," said Jack ...

Core Insights - Jack Henry is launching its annual Cybersecurity and Fraud Forum on October 7, 2024, at Jack Henry Connect, followed by a road tour to six cities aimed at enhancing security and fraud mitigation for community and regional financial institutions [1][2] - The forum will focus on fraud mitigation with the theme "Know Your Adversary: Safer. Smarter. Together," featuring case studies and best practices for scalable, cloud-first infrastructure [2] - The event attracts a diverse range of financial institutions, with about one-third of attendees last season coming from outside the Jack Henry core banking ecosystem [3] Company Overview - Jack Henry is a financial technology company listed on Nasdaq (JKHY) that connects financial institutions with their clients, emphasizing openness, collaboration, and user-centric solutions [5] - The company has been hosting cybersecurity forums for over a decade, assisting thousands of financial institutions in developing their cybersecurity strategies [3][4] - Jack Henry plans to introduce a new Digital Banking Forum in 2025, indicating a commitment to evolving its offerings in response to industry needs [4] Industry Context - Fraud and security are top technology priorities for financial institutions, necessitating a collaborative approach to combat modern threats [4] - The rise of real-time payments, AI, and an increasing number of cyber criminals has significantly heightened security requirements for financial institutions [4] - Professionals attending the forums can earn continuing professional education (CPE) credits, highlighting the educational value of these events [3]