Investors need to pay close attention to Cass Information Systems (CASS) stock based on the movements in the options market lately.
Cass (CASS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Cass (CASS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Cass Information Systems operates in two segments: Information Services and Banking Services, with a diverse client base and international presence. Cass's invoice processing and banking services give it a competitive advantage, but improving efficiency is still a top priority. Cass has a long-standing dividend history with low growth lately, supported by a strong balance sheet and no debt.
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.
Investors need to pay close attention to Cass Information Systems (CASS) stock based on the movements in the options market lately.
Cass Information Systems (CASS) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.52 per share a year ago.
Cass (CASS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.