MONETT, Mo. (AP) — MONETT, Mo. (AP) — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal second-quarter profit of $80.8 million.
On a per-share basis, the Monett, Missouri-based company said it had net income of $1.10.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The payment processsing company posted revenue of $505.3 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $519.7 million.
Jack Henry expects full-year earnings to be $4.79 to $4.83 per share, with revenue in the range of $2.05 billion to $2.06 billion.
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