Cathay General (CATY) Beats Q4 Earnings and Revenue Estimates

Cathay General (CATY) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.64%. A quarter ago, it was expected that this holding company for Cathay Bank would post earnings of $1.12 per share when it actually produced earnings of $1.13, delivering a surprise of 0.89%.Over the last four ...