Cathay General Bancorp expected to post earnings of 92 cents a share - Earnings Preview

Cathay General Bancorp

25/01/2022 23:24

* Cathay General Bancorp  CATY.OQ   CATY.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
27. 
    * The Los Angeles California-based  company is expected to
report 
a 9.7% increase in revenue to $166.019 million from $151.27
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 92 cents per share. For the same quarter last
year, the company reported earnings of 89 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 $46​, about 3.4% above​ its last closing price
of $44.45. ​​​
    * 

This summary was machine generated January 25 at 23:24 GMT.  All
figures in US dollars  unless otherwise stated