Cathay General CATY will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Cathay General to report an earnings per share (EPS) of $0.95.
Anticipation surrounds Cathay General's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Past Earnings Performance
During the last quarter, the company reported an EPS beat by $0.02, leading to a 0.65% increase in the share price on the subsequent day.
Here's a look at Cathay General's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.94 | 0.98 | 1.06 | 1.10 |
| EPS Actual | 0.96 | 0.98 | 1.25 | 1.13 |
| Price Change % | 1.0% | -5.0% | -2.0% | -1.0% |
To track all earnings releases for Cathay General visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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