Earnings Outlook For Cathay General
Portfolio Pulse from Benzinga Insights
Cathay General (NASDAQ:CATY) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $1.13. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $35.84, down 13.95% over the last 52-week period.
July 21, 2023 | 4:02 pm
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Cathay General is expected to report an EPS of $1.13 in its upcoming earnings. The company has a history of beating EPS estimates but experiencing a drop in share price. The stock is currently down 13.95% over the last 52-week period.
Cathay General has a history of beating EPS estimates, which is generally a positive sign. However, the company's share price has typically dropped following these beats, indicating that the market may not be reacting positively to these results. Additionally, the stock's overall downward trend over the past year suggests a bearish sentiment among investors.
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