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Cathay General: Q1 Earnings Insights – Cathay General (NASDAQ: CATY)

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cathay general Katie reported its Q1 Earnings Results on Thursday, April 20, 2023 at 04:30 PM.

Here’s what investors need to know about the announcement.

Income

Cathay General beat earnings estimates by 5.6%, reporting EPS of $1.32 versus estimates of $1.25.

Revenue was up $27.26 million compared to the same period last year.

The company missed $0.04 in EPS last quarter, after which the share price declined by 2.1% the next day.

A look at Cathay General’s past performance:

quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.37 1.28 1.17 0.91
eps actual 1.33 1.35 1.18 0.99
revenue forecast 215.37m 204.49m 184.12m 169.82m
revenue actual 213.90 m 207.41m 189.78m 179.42m
quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.37 1.28 1.17 0.91
eps actual 1.33 1.35 1.18 0.99
revenue forecast 215.37m 204.49m 184.12m 169.82m
revenue actual 213.90 m 207.41m 189.78m 179.42m

To track all earnings releases for Cathay General visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted in: IBZI-Recaps