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JKHY Set to Report Q1 Earnings: What's in Store for the Stock?
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Key Takeaways
JKHY's Q1 revenues are expected to rise 6% to $683.35 million, with EPS up 3.1%.
Services and Support revenues are projected to grow 5.04%, driven by cloud and hosting demand.
Payments growth can benefit from higher transaction volumes and adoption of Rapid Transfers & Tap to Local.
Jack Henry & Associates, Inc. (JKHY - Free Report) is scheduled to report first-quarter fiscal 2027 results on Nov. 3, after market close.
For the fiscal first quarter, the Zacks Consensus Estimate for sales is pegged at $683.35 million, indicating growth of 6.01% from the prior-year quarter’s reported figure.
The consensus mark for earnings is pegged at $2.03 per share, suggesting an increase of 3.1% from the year-ago quarter’s reported figure.
The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 17.25%.
Jack Henry & Associates, Inc. Price and EPS Surprise
Let’s see how things are shaping up for this announcement.
Factors Likely to Influence JKHY’s Q1 Results
Jack Henry’s first-quarter fiscal 2027 results are expected to benefit from continued strength in its services and support business. Growth in private and public cloud offerings is likely to have remained a key driver, supported by ongoing data processing and hosting demand. The Zacks Consensus Estimate for services and support revenues is pegged at $396.2 million, indicating growth of 5.04% from the year-ago quarter’s reported figure.
Strength across the Core segment due to continued migration from on-premises to private cloud and robust growth in its public cloud offerings is expected to aid the upcoming results. Increasing demand for the Jack Henry Platform, a single public cloud-native platform designed to run the entire financial institution, and the company’s growing technology modernization strategies might have been other positives. The consensus estimate for the Core segment’s revenues is pinned at $207.57 million, indicating a rise of 6.7% from the year-ago reported figure.
Strength across the Payments segment due to robust card transaction solutions and growth in its Enterprise Payment Solutions business is likely to have acted as a tailwind for the company in the quarter under review. During the fourth quarter, payment transaction volume across Zelle, RTP and FedNow increased 45% year over year. Jack Henry is also seeing growing adoption of its newer offerings, including Rapid Transfers, which is now live at more than 140 banks and credit unions, and Tap to Local, which has been adopted by more than 900 institutions. Rising adoption and transaction volumes across these solutions are likely to have supported growth in its Payments segment in the to-be-reported quarter. The consensus mark for Payments revenues is pegged at $244.6 million, implying growth of 6.1% year over year.
The company’s diverse mix of solutions, including Banno, Financial Crimes Defender and Fraud & Risk Management Add-ons, is expected to have driven growth in the Complementary segment during the fiscal first quarter. Banno recorded 60 retail and business signings in the fourth quarter, taking its fiscal 2026 total to 219, up 24% year over year. JKHY also signed 61 new Financial Crimes Defender and Faster Payment Module contracts in the fourth quarter. Continued adoption of these offerings is expected to have driven growth in the Complementary segment during the fiscal first quarter. The consensus estimate for Complementary revenues is pegged at $208.1 million, indicating an increase of 7.2% from the year-ago quarter.
However, higher medical costs, along with increased cyber, infrastructure and AI-related investments, are expected to have weighed on the company’s margins during the first quarter of fiscal 2027. Additionally, persistent macroeconomic and geopolitical uncertainty is likely to have continued affecting enterprise spending decisions.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for JKHY this season. The combination of a positive Earnings ESP and Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.
JKHY currently has an Earnings ESP of -0.66% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
AMETEK is slated to report third-quarter 2026 results on Nov. 3.
The Zacks Consensus Estimate for AMETEK’s third-quarter 2026 earnings is pegged at $2.12 per share, up by a penny over the past 30 days, indicating a rise of 12.2% from the year-ago quarter’s reported figure.
Shopify (SHOP - Free Report) has an Earnings ESP of +10.11% and flaunts a Zacks Rank #1 at present.
Shopify is set to report third-quarter 2026 results on Nov. 3. The Zacks Consensus Estimate for Shopify’s third-quarter 2026 earnings is pegged at 45 cents per share, up by a penny over the past 30 days, indicating a rise of 32.4% from the year-ago quarter’s reported figure.
Microchip Technology (MCHP - Free Report) has an Earnings ESP of +3.31% and carries a Zacks Rank #2 at present.
Microchip Technology is set to report second-quarter fiscal 2027 results on Nov. 5. The Zacks Consensus Estimate for Microchip Technology’s second-quarter fiscal 2027 earnings is pegged at 94 cents per share, up by a penny over the past 30 days, indicating a rise of 168.6% from the year-ago quarter’s reported figure.
View the Zacks #1 Rank List
Image: Bigstock
JKHY Set to Report Q1 Earnings: What's in Store for the Stock?
Key Takeaways
Jack Henry & Associates, Inc. (JKHY - Free Report) is scheduled to report first-quarter fiscal 2027 results on Nov. 3, after market close.
For the fiscal first quarter, the Zacks Consensus Estimate for sales is pegged at $683.35 million, indicating growth of 6.01% from the prior-year quarter’s reported figure.
The consensus mark for earnings is pegged at $2.03 per share, suggesting an increase of 3.1% from the year-ago quarter’s reported figure.
The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 17.25%.
Jack Henry & Associates, Inc. Price and EPS Surprise
Jack Henry & Associates, Inc. price-eps-surprise | Jack Henry & Associates, Inc. Quote
Let’s see how things are shaping up for this announcement.
Factors Likely to Influence JKHY’s Q1 Results
Jack Henry’s first-quarter fiscal 2027 results are expected to benefit from continued strength in its services and support business. Growth in private and public cloud offerings is likely to have remained a key driver, supported by ongoing data processing and hosting demand. The Zacks Consensus Estimate for services and support revenues is pegged at $396.2 million, indicating growth of 5.04% from the year-ago quarter’s reported figure.
Strength across the Core segment due to continued migration from on-premises to private cloud and robust growth in its public cloud offerings is expected to aid the upcoming results. Increasing demand for the Jack Henry Platform, a single public cloud-native platform designed to run the entire financial institution, and the company’s growing technology modernization strategies might have been other positives. The consensus estimate for the Core segment’s revenues is pinned at $207.57 million, indicating a rise of 6.7% from the year-ago reported figure.
Strength across the Payments segment due to robust card transaction solutions and growth in its Enterprise Payment Solutions business is likely to have acted as a tailwind for the company in the quarter under review. During the fourth quarter, payment transaction volume across Zelle, RTP and FedNow increased 45% year over year. Jack Henry is also seeing growing adoption of its newer offerings, including Rapid Transfers, which is now live at more than 140 banks and credit unions, and Tap to Local, which has been adopted by more than 900 institutions. Rising adoption and transaction volumes across these solutions are likely to have supported growth in its Payments segment in the to-be-reported quarter. The consensus mark for Payments revenues is pegged at $244.6 million, implying growth of 6.1% year over year.
The company’s diverse mix of solutions, including Banno, Financial Crimes Defender and Fraud & Risk Management Add-ons, is expected to have driven growth in the Complementary segment during the fiscal first quarter. Banno recorded 60 retail and business signings in the fourth quarter, taking its fiscal 2026 total to 219, up 24% year over year. JKHY also signed 61 new Financial Crimes Defender and Faster Payment Module contracts in the fourth quarter. Continued adoption of these offerings is expected to have driven growth in the Complementary segment during the fiscal first quarter. The consensus estimate for Complementary revenues is pegged at $208.1 million, indicating an increase of 7.2% from the year-ago quarter.
However, higher medical costs, along with increased cyber, infrastructure and AI-related investments, are expected to have weighed on the company’s margins during the first quarter of fiscal 2027. Additionally, persistent macroeconomic and geopolitical uncertainty is likely to have continued affecting enterprise spending decisions.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for JKHY this season. The combination of a positive Earnings ESP and Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.
JKHY currently has an Earnings ESP of -0.66% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to Consider
AMETEK (AME - Free Report) has an Earnings ESP of +0.37% and sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
AMETEK is slated to report third-quarter 2026 results on Nov. 3.
The Zacks Consensus Estimate for AMETEK’s third-quarter 2026 earnings is pegged at $2.12 per share, up by a penny over the past 30 days, indicating a rise of 12.2% from the year-ago quarter’s reported figure.
Shopify (SHOP - Free Report) has an Earnings ESP of +10.11% and flaunts a Zacks Rank #1 at present.
Shopify is set to report third-quarter 2026 results on Nov. 3. The Zacks Consensus Estimate for Shopify’s third-quarter 2026 earnings is pegged at 45 cents per share, up by a penny over the past 30 days, indicating a rise of 32.4% from the year-ago quarter’s reported figure.
Microchip Technology (MCHP - Free Report) has an Earnings ESP of +3.31% and carries a Zacks Rank #2 at present.
Microchip Technology is set to report second-quarter fiscal 2027 results on Nov. 5. The Zacks Consensus Estimate for Microchip Technology’s second-quarter fiscal 2027 earnings is pegged at 94 cents per share, up by a penny over the past 30 days, indicating a rise of 168.6% from the year-ago quarter’s reported figure.