Coastal Finl: Q3 Earnings Insights

Coastal Finl CCB reported its Q3 earnings results on Thursday, October 27, 2022 at 09:27 AM.

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

Coastal Finl beat estimated earnings by 2.5%, reporting an EPS of $0.82 versus an estimate of $0.8.

Revenue was up $58.64 million from the same period last year.

Last quarter the company beat on EPS by $0.23 which was followed by a 2.03% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.53	0.43	0.52	0.41
EPS Actual	0.76	0.46	0.57	0.54
Revenue Estimate	59.13M	35.15M	25.48M	21.33M
Revenue Actual	65.38M	51.25M	38.92M	24.94M

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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