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CATYBearishEarningsnews
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Cathay General (CATY) Beats Q1 Earnings Estimates

Apr 22, 2024, 6:54 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Cathay General reported earnings of $1.10 per share, beating estimates. - The company posted revenues of $175.18 million, missing estimates by 7.24%. - Cathay shares have dropped 19.2% since the year started compared to S&P 500's gain of 4.1%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Cathay General reported earnings of $1.10 per share, beating estimates.
  • The company posted revenues of $175.18 million, missing estimates by 7.24%.
  • Cathay shares have dropped 19.2% since the year started compared to S&P 500's gain of 4.1%.

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