Benzinga | Jan 27, 2022 09:51AM EST

Coastal Financial: Q4 Earnings Insights



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 2020EPS Estimate 0.41 0.48 0.38 0.37EPS Actual 0.54 0.49 0.49 0.38Revenue Estimate 21.33M 20.88M 18.85M 17.25MRevenue 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.