Cara Therapeutics CARA reported its Q2 earnings results on Monday, August 8, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Cara Therapeutics beat estimated earnings by 68.0%, reporting an EPS of $-0.08 versus an estimate of $-0.25.
Revenue was up $23.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 23.76% increase in the share price the next day.
Here's a look at Cara Therapeutics's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.54 | -0.52 | -0.40 | -0.53 |
| EPS Actual | -0.52 | -0.63 | -0.02 | -0.61 |
| Revenue Estimate | 3.16M | 1.46M | 11.21M | 2.36M |
| Revenue Actual | 4.79M | 821K | 20.27M | 0 |
To track all earnings releases for Cara Therapeutics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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