Coastal Finl (NASDAQ:CCB) reported its Q4 earnings results on Tuesday, January 30, 2024 at 09:25 AM.
Here's what investors need to know about the announcement.
Earnings
Coastal Finl missed estimated earnings by 9.59%, reporting an EPS of $0.66 versus an estimate of $0.73.
Revenue was up $28.10 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 4.52% drop in the share price the next day.
Here's a look at Coastal Finl's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.93 | 0.97 | 0.87 | 0.85 |
| EPS Actual | 0.75 | 0.95 | 0.91 | 0.96 |
| Revenue Estimate | 125.97M | 124.06M | 92.52M | 87.47M |
| Revenue Actual | 96.81M | 120.94M | 103.80M | 96.25M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Coastal Finl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.