Recap: Coastal Finl Q2 Earnings

Coastal Finl CCB reported its Q2 earnings results on Wednesday, July 27, 2022 at 09:00 AM.

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

Coastal Finl beat estimated earnings by 43.4%, reporting an EPS of $0.76 versus an estimate of $0.53.

Revenue was up $41.98 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 0.36% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.43	0.52	0.41	0.48
EPS Actual	0.46	0.57	0.54	0.49
Revenue Estimate	35.15M	25.48M	21.33M	20.88M
Revenue Actual	51.25M	38.92M	24.94M	23.39M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Coastal Finl visit their earnings calendar here.

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

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