Coastal Financial Corporation reported quarterly EPS of $0.78, missing the Zacks Consensus Estimate of $1.02 by $0.24, or about 24%. Earnings also rose from $0.63 per share a year ago, but the headline is a clear miss versus expectations. The report is likely to pressure shares modestly, though the year-over-year improvement partly offsets the disappointment.
Coastal Financial Corporation reported quarterly EPS of $0.78, missing the Zacks Consensus Estimate of $1.02 by $0.24, or about 24%. Earnings also rose from $0.63 per share a year ago, but the headline is a clear miss versus expectations. The report is likely to pressure shares modestly, though the year-over-year improvement partly offsets the disappointment.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.48
Ticker Sentiment
