Jack Henry beats Q1 estimates as payment processors trade lower; JKHY falls 2.4%

Jack Henry & Associates (NASDAQ: JKHY) posted fiscal first-quarter revenue of $615.9 million, up 7.3% from a year earlier and 1.3% above analyst estimates, outperforming a mixed payment-processing peer group. The stock has fallen 2.4% since the report and recently traded at $145.71. The four tracked payment-processing companies beat consensus revenue estimates by an average 0.7%, but their shares have declined an average 8.1% since reporting. EVERTEC (NYSE: EVTC) revenue rose 8.4% to $247.9 million, missing estimates by 0.6%, while its full-year revenue outlook topped expectations. EVTC is down 13.3% at $24.40. Shift4 Payments (NYSE: FOUR) revenue rose 32.1% to $1.12 billion, 3.2% above estimates, but full-year revenue guidance missed expectations. FOUR is down 3.3% at $41.48. Fiserv (NASDAQ: FISV) revenue fell 2.4% to $4.68 billion, missing estimates by 1.2%, though EPS beat consensus. FISV is down 13.4% at $54.39.