Jack Henry raises FY24 GAAP EPS to $5.09-$5.13 from $4.98-$5.04

Narrows FY24 revenue view to $2.197B-$2.210B from $2.193B-$2.214B. Consensus is for FY24 EPS $5.02 and for revenue $2.22B. According to David Foss, Board Chair and CEO, “We are very pleased to report overall strong performance for the second quarter of our fiscal year. We had a record second quarter for sales bookings and replenished our robust sales pipeline. We continue to see strong interest in our broad array of innovative solutions and differentiated technology modernization strategy. We remain very well positioned in the industry through our unwavering focus on helping community and regional financial institutions compete and meet the evolving needs of their accountholders by delivering modern solutions, seamless execution, and exceptional service.”