Coastal Financial (NASDAQ:CCB) reported its Q4 earnings results on Thursday, January 27, 2022 at 09:25 AM.
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Here's what investors need to know about the announcement.
Earnings
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.
Past Earnings Performance
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.
