Sapiens (SPNS) Beats Q1 Earnings Estimates

Sapiens (SPNS) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.71%. A quarter ago, it was expected that this provider of software and services to the insurance industry would post earnings of $0.36 per share when it actually produced earnings of $0.37, delivering a surprise of 2.78% ...