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Cathay General: Q4 Earnings Insights

Author: Benzinga Insights | January 24, 2024 05:35pm

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.

Posted In: CATY

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