Coastal Financial Corporation (CCB) Q4 Earnings and Revenues Miss Estimates

分组1 - Coastal Financial Corporation (CCB) reported quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of$1.03 per share, but showing an increase from $0.66 per share a year ago, resulting in an earnings surprise of -8.74$143.27 million for the quarter ended December 2024, which was 4.29% below the Zacks Consensus Estimate, compared to $124.35 million in revenues a year ago [2] - Coastal Financial has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates just once during the same period [2] 分组2 - The stock has underperformed the market, losing about 0.9% since the beginning of the year, while the S&P 500 has gained 2.2% [3] - The current consensus EPS estimate for the coming quarter is $0.94 on revenues of$153.3 million, and for the current fiscal year, it is $4.79 on revenues of$675.4 million [7] - The Zacks Industry Rank for Banks - West is currently in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]