Earnings Preview: Corcept Therapeutics
Portfolio Pulse from Benzinga Insights
Corcept Therapeutics is set to announce its quarterly earnings on October 30, 2024, with analysts estimating an EPS of $0.28. Investors are keen on not just an earnings beat but also positive future guidance. Despite past EPS beats, the stock has seen mixed price reactions. Analysts rate Corcept as a 'Buy' with a price target of $75.25, indicating a potential upside. The company shows strong revenue growth but lags in gross profit and return on equity compared to peers.
October 29, 2024 | 4:01 pm
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Corcept Therapeutics is expected to announce its earnings with an EPS estimate of $0.28. Investors are looking for not just an earnings beat but also positive guidance. The stock has shown mixed reactions to past earnings beats. Analysts rate it as a 'Buy' with a price target of $75.25, suggesting a potential upside.
Corcept Therapeutics is about to release its earnings, and the market is focused on both the EPS result and future guidance. Historically, the stock has reacted variably to earnings beats, indicating that guidance could be a more significant factor. Analysts' 'Buy' rating and a high price target suggest positive sentiment, which could drive the stock price up if the earnings and guidance are favorable.
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