Coastal Finl Q2 EPS $0.95 Misses $0.97 Estimate, Sales $120.94M Miss $124.04M Estimate

Coastal Finl (NASDAQ:CCB) reported quarterly earnings of $0.95 per share which missed the analyst consensus estimate of $0.97 by 2.06 percent. This is a 25 percent increase over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $120.94 million which missed the analyst consensus estimate of $124.04 million by 2.50 percent. This is a 84.99 percent increase over sales of $65.38 million the same period last year.