NASDAQ$KURA
Kura Oncology Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported fourth quarter and full year financial results and provided a corporate update.
Kura Oncology reported its fourth quarter and full year 2023 financial results, highlighting positive preliminary data from the KOMET-007 trial of ziftomenib in AML and the first patient dosed in the KOMET-008 trial. The company anticipates completing enrollment in the registration-directed trial of ziftomenib in NPM1-m AML by mid-2024 and has $570 million in pro forma cash providing runway into 2027.
- Reported positive preliminary combination data from KOMET-007 trial of ziftomenib in NPM1-m and KMT2A-r AML, including effective mitigation of differentiation syndrome.
- Dosed first patient in KOMET-008 trial of ziftomenib in combination with additional standards of care in AML.
- Anticipate completion of enrollment in registration-directed trial of ziftomenib in NPM1-m AML by mid-2024.
- Possess $570 million in pro forma cash, providing runway into 2027.
Headline financials
Revenue & EPS history
Kura Oncology · Revenue · Quarterly
$0
Forward guidance
Kura Oncology provided several forecasted milestones.
Tailwinds
- Initiate the post-transplant maintenance program for ziftomenib in the first quarter of 2024.
- Complete enrollment of 85 patients in the KOMET-001 registration-directed trial of ziftomenib in NPM1-m AML by mid-2024.
- Initiate an expansion cohort evaluating ziftomenib as a monotherapy in patients who have neither NPM1-mutant nor KMT2A-rearranged AML by mid-2024.
- Determine the RP2D for ziftomenib in combination with ven/aza and initiate dose validation/expansion in frontline AML by mid-2024.
- Determine the RP2D for ziftomenib in combination with 7+3 by mid-2024.
Headwinds
- Dose the first patients in the FIT-001 dose-escalation trial of KO-2806 in combination with cabozantinib in ccRCC by mid-2024.
- Dose the first patients in the FIT-001 dose-escalation trial of KO-2806 in combination with adagrasib in KRASG12C-mutated NSCLC by mid-2024.
- Complete enrollment of two expansion cohorts to support determination of the optimal biologically active dose for tipifarnib in combination with alpelisib by the end of 2024.
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 2023
+0.5%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+0.9%
Avg return
30 days after
53%
21 / 40 earnings
Positive
+22.4%
Q2 2016
Best reaction
-19.3%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.7% | -2.9% | -6.8% | |
| Q4 2025 | -0.5% | +8.3% | +0.7% | |
| Q3 2025 | +2.0% | +0.9% | +22.6% | |
| Q2 2025 | -7.0% | +8.9% | +37.9% | |
| Q1 2025 | -0.6% | -13.0% | -12.3% | |
| Q4 2024 | -1.5% | -5.7% | -9.3% | |
| Q3 2024 | -0.9% | +4.1% | -40.2% | |
| Q1 2024 | +1.7% | +3.9% | +1.6% | |
| Q4 2023 | +3.1% | +4.1% | +2.8% | |
| Q3 2023 | +12.8% | +16.0% | +24.7% | |
| Q2 2023 | +7.1% | +1.3% | -2.0% | |
| Q1 2023 | +8.8% | +11.1% | +14.6% | |
| Q4 2022 | -2.2% | -0.3% | -1.4% | |
| Q3 2022 | -7.2% | -14.8% | +2.6% | |
| Q2 2022 | +1.1% | +4.2% | -0.8% | |
| Q1 2022 | -11.8% | -22.5% | -8.7% | |
| Q4 2021 | +14.6% | +13.6% | +12.9% | |
| Q3 2021 | +6.5% | +0.2% | -32.6% | |
| Q2 2021 | +0.8% | -3.4% | +8.0% | |
| Q1 2021 | +2.5% | -1.5% | -16.6% | |
| Q4 2020 | -19.3% | -10.0% | -17.8% | |
| Q3 2020 | +9.2% | +20.0% | +12.3% | |
| Q2 2020 | +15.7% | +17.0% | +36.7% | |
| Q1 2020 | +5.3% | +7.0% | +18.1% | |
| Q4 2019 | -4.3% | -3.8% | -26.1% | |
| Q3 2019 | -4.4% | +1.1% | -1.0% | |
| Q2 2019 | +0.8% | -1.2% | -20.6% | |
| Q1 2019 | +5.9% | +4.1% | +3.0% | |
| Q4 2018 | -9.0% | -1.7% | +12.3% | |
| Q3 2018 | +5.4% | +9.4% | +19.3% | |
| Q2 2018 | -13.7% | -11.2% | -7.0% | |
| Q1 2018 | -0.6% | +4.7% | +3.5% | |
| Q4 2017 | -1.3% | -13.5% | -23.8% | |
| Q3 2017 | -6.4% | +11.1% | -4.4% | |
| Q2 2017 | -13.0% | -38.2% | -32.9% | |
| Q1 2017 | +0.0% | +2.8% | -13.9% | |
| Q4 2016 | -8.5% | -6.3% | +6.9% | |
| Q3 2016 | +6.0% | +25.3% | +27.7% | |
| Q2 2016 | +22.4% | +20.1% | +43.5% | |
| Q4 2015 | +0.5% | — | — | |
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