Cass Information Systems Inc reports results for the quarter ended December 31 - Earnings Summary

Cass Information Systems

23/01/2025 14:32

* Cass Information Systems Inc  CASS.OQ  reported quarterly
adjusted earnings of 33 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of 61 cents.  The lone analyst forecast for
the quarter was for earnings of 44 cents per share. 
    * Revenue fell 0.7% to $50.37 million from a year ago;
analysts
expected $49.48 million. 
    * Cass Information Systems Inc's reported EPS for the
quarter was
33 cents​.
    * The company reported quarterly net income of $4.59
million.
    * Cass Information Systems Inc shares had fallen by 1.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Cass Information
Systems Inc is $49.00 
This summary was machine generated from LSEG data January 23 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.44           0.33           Missed
 Sep. 30 2024      0.50           0.21           Missed
 Jun. 30 2024      0.53           0.32           Missed
 Mar. 31 2024      0.59           0.52           Missed