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0 0.000172592336900248 -0.000402715452767314 -0.000402715452767314 0.00132320791623517 -0.000402715452767314 -0.00558048555977455 -0.0110459095616155
Stock impact report

Corcept (CORT) Down 4% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]

Corcept Therapeutics Incorporated (CORT) 
Last corcept therapeutics incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corcept.com/investors
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Corcept due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Corcept Q2 Earnings & Revenues Surpass Estimates Corcept reported second-quarter 2024 earnings of 32 cents per share, which beat the Zacks Consensus Estimate of 23 cents. The company had reported earnings of 25 cents per share in the year-ago quarter. Revenues increased 39% year over year to $163.8 million. The figure also beat the Zacks Consensus Estimate of $154 million. The top line solely comprises product sales of Cushing's syndrome drug, Korlym. Quarter in Detail Revenues from Korlym beat our model estimate of $152.4 million. Research and development expenses surged 35.5% year over year to $58.7 million. Selling, general and administrative expenses increased around Show less Read more
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