Cathay General (CATY) Meets Q2 Earnings Estimates

Cathay General (CATY) came out with quarterly earnings of $1.1 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this holding company for Cathay Bank would post earnings of $0.95 per share when it actually produced earnings of $0.98, delivering a surprise of +3.16%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Cathay, ...