Coastal Financial: Q4 Earnings Insights

Coastal Financial CCB reported its Q4 earnings results on Thursday, January 27, 2022 at 09:25 AM.

Here's what investors need to know about the announcement.

Coastal Financial beat estimated earnings by 9.62%, reporting an EPS of $0.57 versus an estimate of $0.52, which did not surprise analysts.

Revenue was up $19.94 million from the same period last year.

Last quarter the company beat on EPS by $0.13, which was followed by a 1.74% increase in the share price the next day.

Here's a look at Coastal Financial's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.41	0.48	0.38	0.37
EPS Actual	0.54	0.49	0.49	0.38
Revenue Estimate	21.33M	20.88M	18.85M	17.25M
Revenue Actual	24.94M	23.39M	20.30M	18.98M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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