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Cathay (CATY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CATYCathay General Bancorp(CATY) Zacks Investment Research·2024-04-22 23:31

Cathay General (CATY) reported 175.18millioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof15.2175.18 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 15.2%. EPS of 1.10 for the same period compares to 1.32ayearago.Thereportedrevenuerepresentsasurpriseof7.241.32 a year ago.The reported revenue represents a surprise of -7.24% over the Zacks Consensus Estimate of 188.85 million. With the consensus EPS estimate being $1.02, the EPS surprise was +7.84%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...