Cathay General Bancorp Earnings: Your Sneak Peek to the Big Announcement

Cathay General Bancorp (NASDAQ:CATY) will report earnings after markets close on Tuesday, April 16th. Cathay General Bancorp is the holding company for Cathay Bank. The Bank accepts deposits and originates various loans, and offers trade financing, spot and forward contracts, internet banking, global investment services, and other services. Cathay Bank operates in California, New York, Texas, Washington, and Massachusetts.

Here is your Cheat Sheet to Cathay General Bancorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.31 per share on revenues of $91.11 million. Currently, the company’s P/E ratio stands at 14.96.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.37 to a profit $0.35. For the current year, the average estimate is a profit of $1.43, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Cathay General Bancorp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 608.86 607.38 521.84 504.46 476.25
Diluted EPS ($) 1.00 -1.59 -0.06 1.06 1.28

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 120.06 118.97 117.43 122.37 117.48
Diluted EPS ($) 0.29 0.32 0.33 0.33 0.30

Past Performance:
Cathay General Bancorp has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]