Corcept Therapeutics Q2 2024 GAAP EPS $0.32 Beats $0.23 Estimate, Sales $163.800M Beat $155.226M Estimate
Portfolio Pulse from Benzinga Newsdesk
Corcept Therapeutics (NASDAQ:CORT) reported Q2 2024 earnings per share (EPS) of $0.32, surpassing the analyst consensus estimate of $0.23 by 39.13%. The company also reported quarterly sales of $163.800 million, beating the estimate of $155.226 million by 5.52%. This represents a 39.15% increase over the same period last year.
July 29, 2024 | 8:12 pm
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Corcept Therapeutics reported strong Q2 2024 results, with EPS of $0.32 beating estimates by 39.13% and sales of $163.800 million exceeding expectations by 5.52%. This indicates robust financial performance and significant year-over-year growth.
The strong earnings and sales performance, significantly beating analyst estimates, suggest positive investor sentiment and potential short-term stock price appreciation. The year-over-year sales growth further underscores the company's robust financial health.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100