Cathay General: Q4 Earnings Insights - Cathay General (NASDAQ:CATY)

Cathay General CATY reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.

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

Cathay General beat estimated earnings by 6.6%, reporting an EPS of $1.13 versus an estimate of $1.06.

Revenue was down $8.66 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 0.9% drop in the share price the next day.

Here's a look at Cathay General's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	1.10	1.13	1.25	1.37
EPS Actual	1.13	1.28	1.32	1.33
Revenue Estimate	196.86M	196.37M	207.47M	215.37M
Revenue Actual	193.48M	204.64M	206.68M	213.90M

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.