Cara Therapeutics CARA reported its Q1 earnings results on Monday, May 15, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Cara Therapeutics beat estimated earnings by 5.77%, reporting an EPS of $-0.49 versus an estimate of $-0.52.
Revenue was up $1.38 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.24 which was followed by a 33.23% drop in the share price the next day.
Here's a look at Cara Therapeutics's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.32 | -0.42 | -0.25 | -0.54 |
| EPS Actual | -0.56 | -0.43 | -0.08 | -0.52 |
| Revenue Estimate | 16.25M | 9.83M | 20.71M | 3.16M |
| Revenue Actual | 3.26M | 10.81M | 23.00M | 4.79M |
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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