An Overview of Cathay General's Earnings
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. Investors are keen on both the earnings results and future guidance, as past performance has shown market reactions are often driven by guidance. Shares have risen 38.67% over the past year.
October 18, 2024 | 6:15 pm
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Cathay General is expected to announce its quarterly earnings with an anticipated EPS of $0.95. Investors are focused on both the earnings results and the guidance for the next quarter, as past market reactions have been influenced by guidance.
Cathay General's upcoming earnings release is significant as it will provide insights into the company's financial health and future prospects. The expected EPS of $0.95 is a key figure, but investor focus will also be on the guidance provided. Historically, guidance has had a notable impact on stock price movements. Given the positive 52-week performance, there is a bullish sentiment among long-term shareholders.
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