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

Cathay General Bancorp

26/07/2021 22:55

* Cathay General Bancorp  CATY.OQ  reported quarterly adjusted
earnings of 97 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 83 cents per share.
* Revenue rose 7% to $160.58 million from a year ago;  analysts
expected $155.78 million. 
* Cathay General Bancorp's reported EPS for the quarter was 97
cents​.
* The mean earnings estimate of analysts had risen by about 1.2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Cathay General Bancorp shares had fallen by 5.7% this
quarter and gained 15.3% so far this year.
* The company reported quarterly net income of $77.2 million.
* Wall Street's median 12-month price target for Cathay General
Bancorp is $43.00 
* 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 July 26 at 09:55 p.m.  ​All
figures in US dollars unless otherwise stated