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

Coastal Financial (EVERETT)

27/04/2021 19:55

* Coastal Financial Corp (EVERETT)  CCB.OQ  reported quarterly
adjusted earnings of 49 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 38 cents per share.
* Revenue rose 44.6% to $20.30 million from a year ago​; 
analysts expected $18.85 million.
* Coastal Financial Corp (EVERETT)'s reported EPS for the
quarter was 49 cents​.
* The mean earnings estimate of analysts had risen by about 4.1%
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 5.9% this
quarter and gained 32.2% so far this year.
* The company reported quarterly net income of $6.02 million.
* Wall Street's median 12-month price target for Coastal
Financial Corp (EVERETT) is $30.75 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 27 at 06:55 p.m. GMT.
​All figures in US Dollars.​