Coastal Financial Corporation (CCB) Q1 Earnings and Revenues Lag Estimates

Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of$ 0.93 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -32.26%. A quarter ago, it was expected that this company would post earnings of$ 1.03 per share when it actually produced earnings of $0.94, delivering a surprise of -8.74%.Over the last four quarters ...