NASDAQ$CGEM

Cullinan Oncology Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Cullinan Oncology reported fourth quarter and full year 2022 financial results and provided a corporate update.

Cullinan Oncology reported a net loss of $27.1 million for the fourth quarter of 2022, with cash and investments totaling $550.1 million as of December 31, 2022, which provides runway into 2026.

  • Initiated pivotal study of zipalertinib in collaboration with Taiho Oncology in Q4 2022.
  • Expanded clinical stage portfolio through licensing of U.S. rights to CLN-418.
  • Received FDA clearance of IND application for CLN-978; submitted IND application for CLN-617.
  • Initial clinical data updates for CLN-049 and CLN-619 on track for mid-2023.

Headline financials

EPS (adj)

-$0.59

Previous: -$0.74+20.3%
Capital Expenditures

$882K

No prior period
Free Cash Flow

-$25.9M

Previous: -$15.2M-70.5%
Net Income

-$27.1M

Previous: -$34.2M+20.8%
Operating Income

-$32.6M

Previous: -$34.3M+5.1%
Cash & Equivalents

$550M

Previous: $431M+27.7%
Total Assets

$561M

Previous: $437M+28.3%
Stock-Based Comp

$7.51M

Previous: $12.1M-38.1%

Revenue & EPS history

Cullinan Oncology · Revenue · Quarterly

$275M

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

Forward guidance

Cullinan expects its cash resources to provide runway into 2026 based on its current operating plan.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+0.5%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-2.1%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+13.5%

Q1 2022

Best reaction

-10.8%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-2.6%+7.7%-10.0%
Q3 2025+0.8%+6.7%+44.9%
Q2 2025-10.8%-7.7%-11.3%
Q1 2025+2.3%+1.3%+5.8%
Q4 2024+1.9%-3.8%-5.1%
Q3 2024-2.8%-2.8%-20.8%
Q1 2024-9.7%-9.1%-28.4%
Q4 2023-6.2%-8.7%-1.8%
Q3 2023-2.7%-11.1%-17.7%
Q2 2023+4.3%-1.4%-0.6%
Q1 2023+1.2%-5.3%+36.0%
Q4 2022-1.5%+3.3%-9.1%
Q3 2022+3.8%+1.0%-3.0%
Q2 2022-5.6%+0.8%-3.5%
Q1 2022+13.5%+6.8%+12.1%
Q4 2021+8.8%+3.0%-8.6%
Q3 2021-4.5%-10.1%-28.8%
Q2 2021+7.8%+3.8%+8.0%
Q1 2021+2.2%+12.4%+13.1%
Q4 2020+9.5%+8.4%-13.9%
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro