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

• Cass Information Systems Inc CASS reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 51 cents. The lone analyst forecast for the quarter was for earnings of 59 cents per share.

• Revenue rose 0.7% to $49.68 million from a year ago; analysts expected $50.79 million.

• Cass Information Systems Inc's reported EPS for the quarter was 52 cents​.

• The company reported quarterly net income of $7.15 million.

• Cass Information Systems Inc shares had fallen by 7.1% this quarter and lost 0.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 9.3% 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."

• Wall Street's median 12-month price target for Cass Information Systems Inc is $51.00

This summary was machine generated from LSEG data April 18 at 02:14 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)