Cathay General (NASDAQ:CATY) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Cathay General beat estimated earnings by 6.6%, reporting an EPS of $1.13 versus an estimate of $1.06.
Revenue was down $8.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.9% drop in the share price the next day.
Here’s a look at Cathay General’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.10 | 1.13 | 1.25 | 1.37 |
| EPS Actual | 1.13 | 1.28 | 1.32 | 1.33 |
| Revenue Estimate | 196.86M | 196.37M | 207.47M | 215.37M |
| Revenue Actual | 193.48M | 204.64M | 206.68M | 213.90M |
To track all earnings releases for Cathay General visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
