Cathay General (CATY) Beats Q1 Earnings Estimates

Cathay General (CATY) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.84%. A quarter ago, it was expected that this holding company for Cathay Bank would post earnings of $1.10 per share when it actually produced earnings of $1.25, delivering a surprise of 13.64%.Over the last four ...