Jack Henry jumps after quarterly profit, revenue top estimates

Shares of financial technology firm Jack Henry & Associates JKHY.O rise 8% to $165.5.

• Co after markets close on Tuesday reported Q4 profit of $1.57 per share vs analysts' average estimate of $1.46 - data compiled by LSEG
• JKHY reported Q4 revenue of about $644 million vs estimates of $630.8 million
• "We believe recent changes in the competitive environment strengthened Jack Henry's positioning and new-business backdrop," Oppenheimer says
• 12 of 17 analysts rate stock "strong buy" or "buy", four "hold" and one "sell"; their median PT is $192 - LSEG data
• Including session's move, stock down 9.2% YTD