Cara Therapeutics: Q1 Earnings Insights

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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.

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