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Operator: Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp’s Second Quarter of 2023 Earnings Conference Call. My name is Vaishnavi and I will be your coordinator for today.
Although the revenue and EPS for Cathay (CATY) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Cathay General Bancorp (NASDAQ:CATY – Get Free Report) has received an average recommendation of “Hold” from the four ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among […]
Ceredex Value Advisors LLC trimmed its position in shares of Cathay General Bancorp (NASDAQ:CATY – Free Report) by 5.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 304,787 shares of the bank’s stock after selling 17,507 shares during the period. Ceredex Value […]
Cathay General Bancorp (NASDAQ:CATY – Free Report) – Equities research analysts at Wedbush issued their FY2025 EPS estimates for Cathay General Bancorp in a note issued to investors on Monday, June 26th. Wedbush analyst D. Chiaverini anticipates that the bank will post earnings per share of $5.30 for the year. Wedbush currently has a “Outperform” […]