Recap: Corcept Therapeutics Q1 Earnings

Corcept Therapeutics (NASDAQ:CORT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM. Here’s what…

Corcept Therapeutics (NASDAQ:CORT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Corcept Therapeutics missed estimated earnings by 26.32%, reporting an EPS of $0.14 versus an estimate of $0.19.

Revenue was up $11.95 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 4.66% drop in the share price the next day.

Here’s a look at Corcept Therapeutics’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.22 0.22 0.21 0.24
EPS Actual 0.14 0.30 0.24 0.20
Revenue Estimate 105.08M 107.59M 101.00M 98.88M
Revenue Actual 103.06M 101.73M 103.39M 93.70M

To track all earnings releases for Corcept Therapeutics visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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