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

Cathay General Bancorp

27/10/2021 07:57

* Cathay General Bancorp  CATY.OQ  reported quarterly adjusted
earnings of 93 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 91 cents per share.
* Revenue rose 11.7% to $164.70 million from a year ago; 
analysts expected $164.30 million. 
* Cathay General Bancorp's reported EPS for the quarter was 93
cents​.
* The mean earnings estimate of analysts had risen by about 0.7%
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 risen by 3.0% this
quarter and gained 32.5% so far this year.
* The company reported quarterly net income of $72.4 million.
* Wall Street's median 12-month price target for Cathay General
Bancorp is $45.00 
* 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 October 27 at 06:57 a.m.
 ​All figures in US dollars unless otherwise stated