NASDAQ$CABA

Cabaletta Bio Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2021, and provided new pipeline updates.

Cabaletta Bio reported the acute safety data from the first cohort in the DesCAARTes™ trial with no dose limiting toxicities or clinically relevant adverse events. They also announced PLA2R-CAART as a new development program and are planning to submit an IND application for MuSK-CAART in the second half of 2021.

  • Initial safety data from the first low dose cohort of three patients in the DesCAARTes™ clinical trial for DSG3-CAART support the acute safety profile of DSG3-CAART.
  • PLA2R-CAART announced as a new development program for patients with PLA2R-associated membranous nephropathy with a pre-IND meeting planned for the second half of 2021.
  • MuSK-CAART Investigational New Drug (IND) application submission planned for the second half of 2021.
  • Cash, cash equivalents and investments as of March 31, 2021, along with proceeds from sales will enable it to fund its operating plan through at least the fourth quarter of 2022.

Headline financials

EPS (adj)

-$0.41

Previous: -$0.33-24.2%
Research and Development Expenses

$6.6M

Previous: $4.62M+42.9%
General and Administrative Expenses

$3.2M

Previous: $3.3M-3.0%
Cash & Equivalents

$102M

Previous: $131M-22.1%
Total Assets

$107M

No prior period

Revenue & EPS history

Cabaletta Bio · Revenue · Quarterly

$0

Q3 2025
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+2.7%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+5.3%

Avg return

30 days after

67%

16 / 24 earnings

Positive

+22.7%

Q3 2022

Best reaction

-24.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-7.8%-9.0%-16.2%
Q3 2025-5.0%-9.4%-5.1%
Q1 2025-0.6%+6.9%-2.9%
Q4 2024+12.8%-28.4%-14.8%
Q3 2024-24.4%-36.7%-29.7%
Q1 2024+12.4%+14.7%-5.1%
Q4 2023-4.2%-6.4%-26.4%
Q3 2023+4.0%+1.6%-5.6%
Q2 2023+10.0%+10.4%+12.0%
Q1 2023+1.6%+7.0%-1.2%
Q4 2022+9.3%+4.3%+5.4%
Q3 2022+22.7%+84.0%+207.2%
Q2 2022+19.5%+17.2%-26.3%
Q1 2022+21.1%+52.8%-3.3%
Q4 2021+14.6%+32.7%+6.4%
Q3 2021+2.4%-5.3%-19.1%
Q2 2021+2.0%+1.9%+58.0%
Q1 2021-6.6%-14.0%-7.2%
Q4 2020+1.7%-4.0%-8.7%
Q3 2020+6.7%+7.1%+19.3%
Q2 2020+6.4%+4.6%-15.8%
Q1 2020-9.3%-8.0%-8.0%
Q4 2019+0.3%-7.6%+10.7%
Q3 2019-23.7%-38.7%+3.7%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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