NASDAQ$COGT

Cogent Biosciences Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Cogent Biosciences reported financial results for Q4 2020 and provided corporate updates.

Cogent Biosciences reported a net loss of $11.3 million for the fourth quarter of 2020 and ended the quarter with $242.2 million in cash and cash equivalents.

  • CGT9486 clinical trial initiations are on track for Advanced Systemic Mastocytosis (1H21), Non-Advanced Systemic Mastocytosis (2H21), and Gastrointestinal Stromal Tumors (GIST) (2H21).
  • Final data from CGT9486 + sunitinib Phase 1/2 study demonstrated 12 months median PFS and 20% ORR in heavily pre-treated advanced GIST patients.
  • A randomized GIST clinical trial initiation is expected in 2H21.
  • The company ended Q4 2020 with $242.2 million in cash, funding operations into 2024.

Headline financials

Total Revenue

$0.00

Previous: $15.3M-100.0%
EPS (adj)

-$6.06

Previous: $0.07-8757.1%
Working capital

$232M

Previous: $27.3M+747.8%
Net Income

-$11.3M

Previous: $2.3M-593.0%
Operating Income

-$11.5M

Previous: $2.24M-611.4%
Cash & Equivalents

$242M

Previous: $37.4M+547.6%
Total Assets

$251M

Previous: $49.4M+407.7%

Revenue & EPS history

Cogent Biosciences · Revenue · Quarterly

$0.00000787

Q4 2020-100%vs Q4 2019
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Forward guidance

Cogent Biosciences believes its cash and cash equivalents will be sufficient to fund operating expenses and capital expenditure requirements into 2024.

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 2020

Historical avgQ4 2020

+0.9%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+4.5%

Avg return

30 days after

65%

20 / 31 earnings

Positive

+17.8%

Q3 2018

Best reaction

-24.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%-5.3%-10.6%
Q3 2025-4.4%-9.1%+140.2%
Q2 2025-5.8%-9.0%+7.4%
Q1 2025+2.7%+4.4%+48.4%
Q4 2024-6.3%+0.9%-11.4%
Q3 2024+0.0%-14.4%-19.8%
Q1 2024+0.4%-0.1%+11.1%
Q4 2023+0.7%-2.8%-12.4%
Q3 2023+3.9%+3.8%-2.7%
Q2 2023+7.3%+8.8%+9.4%
Q1 2023-1.5%-2.6%-2.9%
Q4 2022+0.7%-5.1%-13.7%
Q3 2022-5.7%-8.5%-2.6%
Q2 2022+9.6%+12.1%+32.7%
Q1 2022-24.0%-26.8%-10.6%
Q4 2021+4.5%+28.4%+64.6%
Q3 2021+13.7%+12.1%-9.9%
Q2 2021+5.4%+13.4%+3.3%
Q1 2021+1.7%+4.9%+4.0%
Q4 2020+5.9%+5.5%+9.0%
Q3 2020+13.2%+9.8%+14.9%
Q2 2020-11.4%-11.0%-8.3%
Q1 2020+0.5%+17.9%+37.1%
Q4 2019-3.1%-15.5%-18.6%
Q3 2019-10.2%-32.6%-52.1%
Q2 2019+4.4%+9.3%+9.0%
Q1 2019+0.2%-1.1%-26.2%
Q4 2018+8.1%+5.4%-12.3%
Q3 2018+17.8%+18.5%-25.0%
Q2 2018-5.9%-12.8%-27.3%
Q1 2018+4.0%+12.4%+13.6%
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q3 2016
Q3 2015

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