NasdaqCM:CORTPharmaceuticals
Corcept Therapeutics (CORT): Margin Dip to 18.4% Challenges Recent Bullish Narratives
Corcept Therapeutics (CORT) posted average earnings growth of 5.5% annually over the past five years, with a 5.6% uptick in the most recent year. Revenue is forecast to climb sharply at 28.2% per year, far outpacing the projected 10.4% growth rate for the US market. While net profit margins have dipped to 18.4% from last year’s 21.9%, high earnings quality and robust growth expectations continue to fuel positive investor sentiment despite a premium valuation.
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