MONETT, Mo. (AP) — MONETT, Mo. (AP) — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal fourth-quarter profit of $101.1 million.
The Monett, Missouri-based company said it had net income of $1.38 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.
The payment processsing company posted revenue of $559.9 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $563.4 million.
For the year, the company reported profit of $381.8 million, or $5.23 per share. Revenue was reported as $2.22 billion.
Jack Henry expects full-year earnings to be $5.78 to $5.87 per share, with revenue in the range of $2.37 billion to $2.39 billion.
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