Coastal Finl (NASDAQ:CCB) reported its Q1 earnings results on Wednesday, April 27, 2022 at 09:00 AM.
Here's what investors need to know about the announcement.
Earnings
Coastal Finl beat estimated earnings by 6.98%, reporting an EPS of $0.46 versus an estimate of $0.43.
Revenue was up $30.95 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.37% drop in the share price the next day.
Here's a look at Coastal Finl's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.52 | 0.41 | 0.48 | 0.38 |
| EPS Actual | 0.57 | 0.54 | 0.49 | 0.49 |
| Revenue Estimate | 25.48M | 21.33M | 20.88M | 18.85M |
| Revenue Actual | 38.92M | 24.94M | 23.39M | 20.30M |
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.
