Jack Henry & Associates, Inc. Q1 Profit Climbs, Beats Estimates

(RTTNews) - Jack Henry & Associates, Inc. (JKHY) released earnings for its first quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $119.19 million, or $1.63 per share. This compares with $101.68 million, or $1.39 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.2% to $600.98 million from $571.37 million last year.

Jack Henry & Associates, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $119.19 Mln. vs. $101.68 Mln. last year. -EPS (Q1): $1.63 vs. $1.39 last year. -Revenue (Q1): $600.98 Mln vs. $571.37 Mln last year.

-Guidance: Full year EPS guidance: $5.78 - $5.87 Full year revenue guidance: $2,353 - $2,375 Mln