Cass Information Systems Inc reports results for the quarter ended in September - Earnings Summary

Cass Information Systems

19/10/2023 15:11

* Cass Information Systems Inc  CASS.OQ  reported quarterly
adjusted earnings of 54 cents​​ per share for the quarter ended
in September. The lone analyst forecast for the quarter was
for earnings of 55 cents per share.
    * Revenue was $49.22 million​; analysts expected $48.08
million. 
    * Cass Information Systems Inc's reported EPS for the
quarter was
54 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Cass Information Systems Inc shares had fallen by 0.8%
this
quarter and lost 19.4% so far this year.
    * The company reported quarterly net income of $7.39
million.
    * Wall Street's median 12-month price target for Cass
Information
Systems Inc is $40.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 19 at 02:11 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.55           0.54           Missed
 Jun. 30 2023      0.67           0.52           Missed
 Mar. 31 2023      0.70           0.51           Missed
 Dec. 31 2022      0.71           0.67           Missed