WaFd (WAFD) reported quarterly earnings of $0.72 per share, falling short of the expected $0.75 per share. This represents a -4.00% earnings surprise compared to a year ago. The company’s revenues of $188.3 million also missed estimates, impacting its stock performance.

The company has surpassed consensus EPS estimates two out of the last four quarters. WaFd shares have dropped 10.4% this year, contrasting the S&P 500’s 13.4% gain. Investors are keen on the stock’s future performance and earnings outlook, which may influence its market standing.

Coastal Financial Corporation (CCB), another player in the same industry, is set to announce its quarterly earnings. Analysts expect earnings of $0.89 per share, a decrease of -8.3% year-over-year, with revenues projected to drop by 15.3% from the previous year’s quarter. This news may impact the industry’s outlook.

Read more at Nasdaq: WaFd (WAFD) Q4 Earnings and Revenues Miss Estimates