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

Coastal Financial (EVERETT)

27/10/2021 15:06

* Coastal Financial Corp (EVERETT)  CCB.OQ  reported quarterly
adjusted earnings of 54 cents​​ per share for the quarter ended
in September. The mean expectation of two analysts for the
quarter was for earnings of 41 cents per share.
* Revenue rose 46.4% to $24.94 million from a year ago; 
analysts expected $21.33 million. 
* Coastal Financial Corp (EVERETT)'s reported EPS for the
quarter was 54 cents​.
* The mean earnings estimate of analysts had fallen by
about 8.9% 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 9.8% this
quarter and gained 66.6% so far this year.
* The company reported quarterly net income of $6.68 million.
* Wall Street's median 12-month price target for Coastal
Financial Corp (EVERETT) is $37.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated October 27 at 02:06 p.m.
 ​All figures in US dollars unless otherwise stated