Cathay General Bancorp expected to post earnings of 91  cents a share - Earnings Preview

Cathay General Bancorp

23/04/2022 02:27

* Cathay General Bancorp  CATY.OQ   CATY.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 25. 
    * The Los Angeles California-based  company is expected to
report 
a 11.9% increase in revenue to $169.82 million from $151.82
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cathay General
Bancorp is
for earnings of 91 cents per share. For the same quarter last
year, the company reported earnings of 92 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cathay
General
Bancorp is $51​, above​ its last closing price of $43.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.94        0.92       0.99      Beat    7.1
 Sep. 30 2021  0.91        0.91       0.93      Beat    2.7
 Jun. 30 2021  0.88        0.83       0.97      Beat    16.9​
 Mar. 31 2021  0.77        0.77       0.92      Beat    19.1
 ​​Dec.        0.76        0.76       0.89      Beat    16.9
 31 2020                                                
 Sep. 30 2020  0.61        0.61       0.71      Beat    16.9​
 Jun. 30 2020  0.54        0.58       0.68      Beat    18.3
 Mar. 31 2020  0.67        0.67       0.59      Missed  -11.9
 This summary was machine generated April 23 at 01:26 GMT.  All
figures in US dollars  unless otherwise stated