MONETT, Mo. (AP) — MONETT, Mo. (AP) — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal fourth-quarter net income of $111.2 million.
On a per-share basis, the Monett, Missouri-based company said it had net income of $1.57.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The payment processsing company posted revenue of $644 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $629.5 million.
For the year, the company reported profit of $502.8 million, or $6.98 per share. Revenue was reported as $2.54 billion.
Jack Henry expects full-year earnings to be $7.33 to $7.38 per share, with revenue in the range of $2.68 billion to $2.71 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKHY at https://www.zacks.com/ap/JKHY