Cass Information Systems (CASS) Lags Q1 Earnings and Revenue Estimates

Cass Information Systems (CASS) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.86%. A quarter ago, it was expected that this invoice and payment management company would post earnings of $0.48 per share when it actually produced earnings of $0.61, delivering a surprise of 27.08%. ...