Cass Information Systems Inc. (CASS) announced a profit for its second quarter that Increases, from the same period last year and beat the Street estimates.
The company's earnings came in at $8.86 million, or $0.66 per share. This compares with $4.48 million, or $0.32 per share, last year.
Analysts on average had expected the company to earn $0.65 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.0% to $44.40 million from $43.98 million last year.
Cass Information Systems Inc. earnings at a glance (GAAP) :
-Earnings: $8.86 Mln. vs. $4.48 Mln. last year.-EPS: $0.66 vs. $0.32 last year.-Revenue: $44.40 Mln vs. $43.98 Mln last year.
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