A Glimpse of Cathay General's Earnings Potential
Portfolio Pulse from Benzinga Insights
Cathay General (NASDAQ:CATY) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $0.95. The company's past performance shows mixed results, with a recent EPS beat leading to a slight share price increase. Investors are keenly awaiting the announcement, especially for future guidance.
October 18, 2024 | 6:14 pm
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Cathay General is expected to announce its quarterly earnings with an EPS of $0.95. Investors are particularly interested in whether the company will surpass estimates and provide favorable guidance, which could influence stock price movements.
The upcoming earnings release is a significant event for Cathay General, with potential to impact stock prices based on whether the company meets or exceeds expectations. Historical data shows mixed price reactions to past earnings, indicating uncertainty in short-term price direction.
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