Coastal Financial Corp (EVERETT) expected to post earnings of 53 cents a share - Earnings Preview

Coastal Financial (EVERETT)

21/01/2022 14:00

* Coastal Financial Corp (EVERETT)  CCB.OQ   CCB.O  is
expected
to show a rise in quarterly revenue when it reports  results on
January 25 (estimated). 
    * The Everett Washington-based  company is expected to
report  a
34.3% increase in revenue to $25.485 million from $18.98 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Coastal Financial
Corp
(EVERETT) is for earnings of 53 cents per share. For the same
quarter last year, the company reported earnings of 38 cents per
share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Coastal
Financial
Corp (EVERETT) is $68.75​, about 28.9% above​ its last closing
price of $48.88. ​​​
    * 

This summary was machine generated January 21 at 14:00 GMT.  All
figures in US dollars  unless otherwise stated