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Market Overview

Cathay General's Earnings Outlook


Cathay General (NASDAQ:CATY) announces its next round of earnings this Monday, April 26. Here is Benzinga's look at Cathay General's Q1 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Cathay General reporting earnings of $0.77 per share on revenue of $151.59 million. In the same quarter last year, Cathay General reported earnings per share of $0.59 on sales of $146.10 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 30.51% increase for the company. Sales would be up 3.76% on a year-over-year basis. Here is how the Cathay General's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.76 0.61 0.57 0.67
EPS Actual 0.89 0.71 0.68 0.59
Revenue Estimate 150.26 M 148.08 M 145.43 M 146.24 M
Revenue Actual 151.27 M 147.48 M 150.08 M 146.10 M

eps graph

Stock Performance

Over the last 52-week period, shares of Cathay General are up 58.5%.

Do not be surprised to see the stock move on comments made during its conference call. Cathay General is scheduled to hold the call at 18:00:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings