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With a market cap of $12.9 billion, Jack Henry & Associates, Inc. (JKHY) is a leading provider of technology solutions and payment processing services for community and regional financial institutions. Founded in 1976, the Missouri-based company delivers core banking, core credit union, digital banking, and data processing platforms that enable banks and credit unions to operate efficiently, manage risk, and enhance customer engagement.
The fintech giant is set to announce its second-quarter results soon. Ahead of the event, analysts expect JKHY to report a non-GAAP profit of $1.40 per share, up 4.5% from $1.34 per share reported in the year-ago quarter. On a more positive note, the company has surpassed analysts’ earnings expectations in each of the past four quarters.