Cass Information Systems Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
Cass Information Systems, Inc (CASS)
US:NASDAQ Investor Relations:
ir.cassinfo.com
Company Research
Source: Yahoo! Finance
Net income: US$4.48m (down 37% from 2Q 2023). Profit margin: 8.3% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.33 (down from US$0.53 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Cass Information Systems Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 40%. Looking ahead, revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in the US are expected to grow by 4.6%. Performance of the American Diversified Financial industry. The company's shares are down 4.5% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Cass Information Systems' balance sheet he
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CASS
News
- Freight Spend, Shipments Soft Again In August [zero hedge]zero hedge
- Trucking data: Freight shipments and Class 8 truck orders improve sequentially in August [Seeking Alpha]Seeking Alpha
- The challenge [Yahoo! Finance]Yahoo! Finance
- Cass Information Systems, Inc. (NASDAQ: CASS) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $44.00 price target on the stock, down previously from $47.00.MarketBeat
- Cass Information Systems reports Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
CASS
Earnings
- 7/18/24 - Miss
CASS
Sec Filings
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- CASS's page on the SEC website