Coastal Financial: Q3 Earnings Insights

Coastal Financial CCB reported its Q3 earnings results on Wednesday, October 27, 2021 at 03:00 PM.

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

Coastal Financial beat their estimated earnings by 31.71%, reporting an EPS of $0.54 versus an estimate of $0.41, which surprised analysts.

Revenue was up $7,901,000 from the same period last year.

Last quarter the company beat on EPS by $0.01, which was followed by a 0.99% increase in the share price the next day.

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

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.48	0.38	0.37	0.25
EPS Actual	0.49	0.49	0.38	0.34
Revenue Estimate	20.88M	18.85M	17.25M	15.96M
Revenue Actual	23.39M	20.30M	18.98M	17.04M

Listen to the earnings announcement yourself by clicking here.

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