Important news about Jack Henry & Associates, Inc (JKHY) shows a mix of positive and negative developments. The company successfully beat EPS estimates, but missed revenue targets for Q4 2024. Nevertheless, Q4 earnings beat estimates and revenues showed a year-over-year increase. TwinStar Credit Union continued its relationship with Jack Henry post-merger with Northwest Community Credit Union. Unfortunately, the company's shares gapped down to $165.55.
The company was ranked on TIME's list of America's Best Mid-Size Companies 2024 and updated its FY 2025 earnings guidance. Jack Henry was also ranked as a best company to work for by U.S. News & World Report. It announced an increase of 6% in quarterly dividends on its common stock and made new executive appointments. Two new positions were introduced in their board of directors. The company also established an endowed scholarship fund in memory of their board member, Laura Kelly.
Several banking institutions have chosen Jack Henry for growth and innovation. Bullish insights are that their Q4 earnings beat estimates and announced increased dividends. Bearish insights are they also missed revenue targets and the share price had a gap down.
Henry Jack Associates JKHY News Analytics from Mon, 07 Feb 2022 08:00:00 GMT to Mon, 26 Aug 2024 00:10:49 GMT - Rating -1 - Innovation 6 - Information 6 - Rumor 4