Cathay General Q3 2024 GAAP EPS $0.94 Misses $0.95 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cathay General (NASDAQ:CATY) reported Q3 2024 earnings per share of $0.94, missing the analyst consensus estimate of $0.95. This represents a 16.81% decrease from the same period last year.
October 21, 2024 | 8:42 pm
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Cathay General's Q3 2024 earnings per share of $0.94 missed the consensus estimate of $0.95, marking a 16.81% decrease from the previous year.
The earnings miss, although slight, combined with a significant year-over-year decrease in EPS, is likely to negatively impact investor sentiment and the stock price in the short term.
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