NASDAQ$PLRX

Pliant Therapeutics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Pliant Therapeutics reported fourth quarter and full year 2020 financial results, and provided a corporate update.

Pliant Therapeutics reported a net loss of $19.0 million for the fourth quarter of 2020, compared to a net income of $42.2 million for the prior-year quarter, due to a decrease in related party revenue. Research and development expenses increased to $17.9 million, and general and administrative expenses were $5.6 million. The company had cash, cash equivalents, and short-term investments of $276.9 million as of December 31, 2020.

  • PLN-74809 Phase 2a PET imaging trial resumed, with preliminary data expected in the first half 2021.
  • PLN-74809 Phase 2a INTEGRIS trials in IPF and PSC gained momentum in the fourth quarter and are currently on track to complete enrollment by the end of 2021 and the first half of 2022, respectively.
  • IND open for development of a PET tracer of the protein integrin αvβ1.
  • Successful completion of PLN-1474 Phase 1 trial and transfer of PLN-1474 to Novartis.

Headline financials

Total Revenue

$4.47M

Previous: $57.1M-92.2%
EPS (adj)

-$0.54

Previous: $184.55-100.3%
Capital Expenditures

$587K

Previous: $184K+219.0%
Free Cash Flow

-$17.1M

Previous: $36.6M-146.7%
Net Income

-$19M

Previous: $40M-147.5%
Operating Income

-$19M

Previous: $42.2M-145.0%
Gross Profit

$4.47M

Previous: $57.1M-92.2%
Cash & Equivalents

$50.9M

Previous: $85.8M-40.7%
Total Assets

$296M

Previous: $119M+148.2%
Stock-Based Comp

$1.52M

Previous: $531K+185.3%

Revenue & EPS history

Pliant Therapeutics · Revenue · Quarterly

$4.47M

Q4 2020-92.2%vs Q4 2019
Beat estimate in 6 of 10 quarters(60%)
ActualEstimate

Forward guidance

Pliant believes it has sufficient funds to meet its operating and capital requirements into 2023.

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

-1.8%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-4.2%

Avg return

30 days after

36%

9 / 25 earnings

Positive

+12.1%

Q3 2020

Best reaction

-11.7%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.8%-4.2%-4.2%
Q3 2025+3.3%+17.6%-20.9%
Q1 2025-1.5%-2.9%-1.4%
Q4 2024-11.7%+17.4%-5.1%
Q3 2024-4.5%-12.0%-6.4%
Q2 2024-6.5%-9.6%-1.8%
Q1 2024-1.4%-1.2%-13.4%
Q4 2023-7.8%-4.8%-13.4%
Q3 2023-8.0%-12.4%-2.7%
Q2 2023+3.4%-0.9%-9.5%
Q1 2023+4.2%-0.0%+3.0%
Q4 2022-10.9%-9.4%-17.6%
Q3 2022-6.5%-6.7%-14.5%
Q2 2022+11.9%+12.6%+6.2%
Q1 2022-6.8%-1.8%+40.5%
Q4 2021+3.7%-9.9%-26.6%
Q3 2021-4.0%-3.2%-17.9%
Q2 2021-6.5%-12.4%-15.7%
Q1 2021-0.1%-14.7%-3.1%
Q4 2020+4.6%+2.5%-19.9%
Q3 2019+12.1%+9.9%+21.2%
Q3 2020+12.1%+9.9%+21.2%
Q2 2020-8.5%-8.2%-1.2%
Q4 2019-8.5%-8.2%-1.2%
Q2 2019-8.5%-8.2%-1.2%
Q1 2020
Q1 2019
Q1 2018

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