Earnings Outlook For Cathay General

Cathay General CATY releases its next round of earnings this Monday, July 26. Here is Benzinga's essential guide to Cathay General's Q2 earnings report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Cathay General EPS will likely be near $0.83 while revenue will be around $155.78 million, according to analysts. In the same quarter last year, Cathay General reported earnings per share of $0.68 on revenue of $150.08 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street consensus estimate for earnings would represent a 22.06% increase for the company. Revenue would be have grown 3.8% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Over the last 52-week period, shares of Cathay General are up 48.43%.

Do not be surprised to see the stock move on comments made during its conference call. Cathay General is scheduled to hold the call at 18:00:00 ET and can be accessed here.