Cathay General Bancorp (NASDAQ: CATY) has announced that it will be releasing its financial results for the third quarter of 2024 on Monday 21st October 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
the company is poised to announce an estimated $0.95 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $182.03 million for this period.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $1.13. Additionally, the company's overall revenue for that particular period was an impressive $193.48 million.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $724.05 million. Moreover, they anticipate the company to disclose profit of $3.88 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.96 | -25.0% | 178.53 M | -12.8% |
| Q1 2024 | $0.98 | -25.8% | 175.18 M | -15.2% |
| Q4 2023 | $1.25 | -6.0% | 205.24 M | -4.0% |
| Q3 2023 | $1.13 | -16.3% | 193.48 M | -6.7% |
| Q2 2023 | $1.28 | +8.5% | 204.64 M | +7.8% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 21st October 2024 at 06:00 PM eastern time, in a conference call with public.
During Thursday's trading, Cathay General Bancorp (CATY) shares reached a low of $45.46 and a high of $46.70, along with a total volume of 281.60 thousand shares. The stock ended the regular trading session at $46.61, indicating an upturn of 1.86 percent.
