Coastal Financial Corp (EVERETT) reports results for the quarter ended in June - Earnings Summary

Coastal Financial (EVERETT)

27/07/2021 15:49

* Coastal Financial Corp (EVERETT)  CCB.OQ  reported quarterly
adjusted earnings of 49 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 48 cents per share.
* Revenue rose 50.8% to $23.39 million from a year ago; 
analysts expected $20.88 million. 
* Coastal Financial Corp (EVERETT)'s reported EPS for the
quarter was 56 cents​.
* The mean earnings estimate of analysts had risen by
about 26.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Coastal Financial Corp (EVERETT) shares had risen by 0.8% this
quarter and gained 37.1% so far this year.
* The company reported quarterly net income of $7.01 million.
* Wall Street's median 12-month price target for Coastal
Financial Corp (EVERETT) is $36.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 27 at 02:49 p.m.  ​All
figures in US dollars unless otherwise stated