NASDAQ$LXRX

Lexicon Pharmaceuticals Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Lexicon Pharmaceuticals reported Q4 2020 financial results and provided a clinical update.

Lexicon Pharmaceuticals reported a decrease in revenues for the fourth quarter of 2020, primarily due to the sale of XERMELO. The company is focusing on advancing its research and development pipeline, with key steps taken to advance LX9211 and sotagliflozin.

  • Patient enrollment continued in Phase 2 clinical study of LX9211 for diabetic peripheral neuropathic pain.
  • Patient enrollment commenced in Phase 2 clinical study of LX9211 for post-herpetic neuralgia.
  • Lexicon received Fast Track designation from the FDA for the development of LX9211 in diabetic peripheral neuropathic pain.
  • SOLOIST and SCORED Phase 3 studies achieved their primary endpoints for sotagliflozin.

Headline financials

Total Revenue

$199K

Previous: $8.73M-97.7%
EPS (adj)

-$0.04

Previous: -$0.48+91.7%
R&D Expenses

$992K

Previous: $40.6M-97.6%
SG&A Expenses

$6.43M

Previous: $14.6M-55.8%
Capital Expenditures

$54K

No prior period
Free Cash Flow

-$34.3M

Previous: -$24.4M-40.7%
Net Income

-$5.5M

Previous: -$51.1M+89.2%
Operating Income

-$7.46M

Previous: -$47.2M+84.2%
Gross Profit

$199K

Previous: $7.95M-97.5%
Cash & Equivalents

$152M

Previous: $272M-43.9%
Total Assets

$204M

Previous: $418M-51.2%
Stock-Based Comp

$2.68M

Previous: $3.48M-23.0%

Revenue & EPS history

Lexicon Pharmaceuticals · Revenue · Quarterly

$199K

Q4 2020-97.7%vs Q4 2019
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Lexicon Pharmaceuticals · $199K total across 1 segment · Q4 2020

  • Royalties and Other
    $199K+45.3%

Forward guidance

Lexicon anticipates several milestones and events in 2021, including NDA filing for sotagliflozin in heart failure and Phase 2 study results for LX9211 in diabetic peripheral neuropathic pain and post-herpetic neuralgia.

Tailwinds

  • NDA filing for sotagliflozin in heart failure.
  • Active efforts to secure strategic alliance for sotagliflozin in heart failure.
  • Phase 2 study results from RELIEF-DPN-1 for LX9211 in diabetic peripheral neuropathic pain.
  • Phase 2 study results from RELIEF-PHN-1 for LX9211 in post-herpetic neuralgia.
  • Additional publications for sotagliflozin and LX9211.

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

+0.4%

Avg return

Earnings day

+2.8%

Avg return

5 days after

-0.4%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+30.6%

Q3 2015

Best reaction

-26.0%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.4%+50.0%+19.4%
Q4 2025-0.6%+1.8%-2.5%
Q3 2025+3.0%+13.0%+1.4%
Q1 2025+3.1%+22.2%+24.1%
Q4 2024+6.6%+2.7%+13.5%
Q3 2024-14.2%-22.8%-35.4%
Q2 2024-24.4%-27.1%-23.1%
Q1 2024+5.5%+7.3%+3.0%
Q4 2023+16.1%+19.8%-6.9%
Q3 2023-17.2%-14.4%+0.0%
Q2 2023-1.1%-3.7%-10.6%
Q1 2023+12.3%+43.0%+11.1%
Q4 2022+21.8%+17.3%+10.5%
Q3 2022+8.7%+13.1%-1.0%
Q2 2022+13.5%+19.4%+16.5%
Q1 2022-7.2%-9.8%-6.7%
Q4 2021-26.0%-25.3%-26.3%
Q3 2021-11.2%-9.8%-25.5%
Q2 2021+2.0%-4.7%+28.8%
Q1 2021-0.4%-3.7%-3.5%
Q4 2020-1.4%-2.6%-23.8%
Q3 2020-9.0%-9.8%+32.8%
Q2 2020+11.5%+12.6%+0.0%
Q1 2020+3.4%-7.3%-1.0%
Q4 2019-10.6%+3.5%-17.2%
Q3 2019-8.6%-8.8%+26.5%
Q2 2019-21.1%-19.9%-20.5%
Q1 2019+4.7%+20.9%-7.2%
Q4 2018+2.2%+6.3%-15.3%
Q3 2018+8.4%+8.8%+3.4%
Q2 2018-3.0%-11.8%-6.2%
Q1 2018+8.4%+17.3%+52.2%
Q4 2017+1.3%+4.5%-1.3%
Q3 2017-6.3%+0.8%+8.4%
Q2 2017-4.4%-3.7%-7.1%
Q1 2017+2.4%+2.2%-9.5%
Q4 2016+9.0%+11.0%-4.8%
Q3 2016-4.2%-3.0%-1.3%
Q2 2016+1.6%+0.6%-11.8%
Q1 2016-15.6%
Q4 2015+24.4%
Q3 2015+30.6%
Q2 2015-8.6%
Q1 2015-5.7%
Q4 2014+14.3%
Q3 2014+2.1%
Q2 2014-6.6%
Q1 2014+1.4%
Q4 2013+3.8%
Q3 2013-2.6%
Q2 2013+7.8%
Q1 2013+2.5%
Q4 2012+1.9%
Q3 2012-9.6%
Q2 2012+3.7%
Q1 2012+1.3%
Q4 2011+5.6%
Q3 2011-9.9%
Q2 2011-7.1%
Q1 2011+1.9%
Q4 2010+6.3%
Q3 2010-3.7%
Q2 2010-0.7%
Q1 2010+8.0%

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