Coastal Financial Corporation (CCB) Tops Q2 Earnings Estimates

This quarterly report represents an earnings surprise of 3.70%. A quarter ago, it was expected that this company would post earnings of $0.78 per share when it actually produced earnings of $0.67, delivering a surprise of -14.10%. Coastal Financial, which belongs to the Zacks Banks - West industry, posted revenues of $136.16 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 19.10%. This compares to year-ago revenues of $120.95 million. The company has topped consensus revenue ...