Cass Information Systems (CASS) Lags Q3 Earnings Estimates

Cass Information Systems (CASS) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -58%. A quarter ago, it was expected that this invoice and payment management company would post earnings of $0.53 per share when it actually produced earnings of $0.32, delivering a surprise of -39.62%. ...