Jack Henry & Associates Sees FY24 EPS $4.92-$4.99 Vs $5.32 Est; Revenue $2.208B-$2.229B Vs $2.29B Est
Portfolio Pulse from Benzinga Newsdesk
Jack Henry & Associates has projected its FY24 EPS to be between $4.92 and $4.99, lower than the estimated $5.32. The company also expects its revenue to be between $2.208B and $2.229B, which is less than the estimated $2.29B.
August 15, 2023 | 8:53 pm
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Jack Henry & Associates' lower than expected FY24 EPS and revenue forecasts may negatively impact its stock price.
The company's lower than expected earnings per share (EPS) and revenue forecasts for FY24 indicate potential financial challenges, which could lead to a decrease in investor confidence and a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100