Recap: CareDx Q2 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


CareDx (NASDAQ:CDNA) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

CareDx missed estimated earnings by 18.18%, reporting an EPS of $-0.13 versus an estimate of $-0.11.

Revenue was up $6.45 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 18.57% drop in the share price the next day.

Here's a look at CareDx's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.05 0.03 0.01 0.02
EPS Actual -0.13 -0.03 0.07 0.11
Revenue Estimate 78.92M 78.09M 74.05M 67.55M
Revenue Actual 79.42M 79.22M 75.59M 74.19M

To track all earnings releases for CareDx visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps