NASDAQ$CABA

Cabaletta Bio Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2020.

Cabaletta Bio announced its fourth quarter and full year 2020 financial results, highlighting the dosing of the first patient in its Phase 1 clinical trial for DSG3-CAART and the advancement of its pipeline.

  • Dosed the first patient in Phase 1 clinical trial for DSG3-CAART without dose limiting toxicities.
  • Expect to report acute safety data from the initial cohort in the first half of 2021.
  • On track to submit the Investigational New Drug Application for MuSK-CAART in the second half of 2021.
  • Secured a long-term commercial manufacturing partnership.

Headline financials

EPS (adj)

-$0.40

Previous: -$0.33-21.2%
Net Income

-$9.31M

No prior period
Operating Income

-$9.33M

No prior period
Cash & Equivalents

$109M

Previous: $136M-20.2%

Revenue & EPS history

Cabaletta Bio · Revenue · Quarterly

$0

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

Forward guidance

Cabaletta Bio expects that its cash and cash equivalents and investments as of December 31, 2020 will enable it to fund its operating plan through at least the third quarter of 2022.

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 Q4 2020

Historical avgQ4 2020

+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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