Coastal Financial Corp (EVERETT) expected to post earnings of 95 cents a share - Earnings Preview

Reuters
23 Oct 2024

* Coastal Financial Corp (EVERETT) is expected to show a rise in quarterly revenue when it reports results on October 25 (estimated) for the period ending September 30 2024

* The Everett Washington-based company is expected to report a 59.8% increase in revenue to $154.262 million from $96.51 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data. (sales / Revenue Majority is on total Revenue)

* ​LSEG's mean analyst estimate for Coastal Financial Corp (EVERETT) is for earnings of 95 cents per share.

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Coastal Financial Corp (EVERETT) is 65.00​, above​ its last closing price of $59.27. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.80 0.80 0.84 Beat 4.7

Mar. 31 0001 0.75 0.76 0.50 Missed -33.9

Dec. 31 2023 0.69 0.73 0.66 Missed -9.3​

Jan. 1 0001 0.94 0.93 0.75 Missed -19.4

​​Jan. 0.97 0.97 0.95 Missed -2.2

1 0001

Jan. 1 0001 0.85 0.87 0.91 Beat 4.3​

Dec. 31 2022 0.85 0.85 0.96 Beat 12.5

Sep. 30 2022 0.81 0.80 0.82 Beat 2.5

This summary was machine generated October 23 at 13:19 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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