Recap: Capricor Therapeutics Q4 Earnings
Portfolio Pulse from Benzinga Insights
Capricor Therapeutics (NASDAQ:CAPR) reported Q4 earnings, beating estimates with an EPS of $-0.02 against an expected $-0.09. Revenue increased by $11.13 million year-over-year. The company's past earnings performance showed a positive impact on its share price.

February 29, 2024 | 9:30 pm
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Capricor Therapeutics reported a significant beat on Q4 earnings with an EPS of $-0.02 versus an estimate of $-0.09, and a revenue increase of $11.13 million from the previous year.
The significant beat on earnings estimates and the year-over-year revenue increase are strong indicators of Capricor Therapeutics' financial health and operational success. Historically, such positive earnings reports have led to an increase in share price, as evidenced by the 7% increase following last quarter's earnings beat. This pattern suggests a likely positive short-term impact on CAPR's stock price.
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