Cathay General Bancorp reports results for the quarter ended in December - Earnings Summary

Cathay General Bancorp

28/01/2022 24:06

* Cathay General Bancorp  CATY.OQ  reported quarterly
adjusted
earnings of 99 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 92 cents per share.
    * Revenue rose 15.9% to $175.26 million from a year ago; 
analysts
expected $166.02 million. 
    * Cathay General Bancorp's reported EPS for the quarter was
98
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Cathay General Bancorp shares had risen by 2.5% this
quarter.
    * The company reported quarterly net income of $75.33
million.
    * Wall Street's median 12-month price target for Cathay
General
Bancorp is $46.00 
    * 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." 

This summary was machine generated January 28 at 12:06 a.m.
 ​All figures in US dollars unless otherwise stated