NASDAQ$PTGX

Protagonist Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter financial results and provided a corporate update.

Protagonist Therapeutics reported its financial results for the third quarter ended September 30, 2020. The company's clinical assets PTG-300, PN-943 and PTG-200, are progressing in Phase 2 clinical proof-of-concept studies. Two additional oral interleukin-23 receptor antagonists, PN-235 and PN-232, were selected for advancement into clinical development in collaboration with Janssen.

  • PTG-300, PN-943 and PTG-200 continue to make progress in Phase 2 clinical proof-of-concept studies.
  • Updated clinical data from Phase 2 study of PTG-300 in patients with polycythemia vera will be shared in December.
  • Ongoing Phase 2 clinical programs with PN-943 in patients with ulcerative colitis, and PTG-200 in patients with Crohn’s disease are moving forward.
  • Two additional oral interleukin-23 receptor antagonists, PN-235 and PN-232, were selected for advancement into clinical development in collaboration with Janssen.

Headline financials

Total Revenue

$13.1M

Previous: $21K+62347.6%
EPS (adj)

-$0.21

Previous: -$0.61+65.6%

Revenue & EPS history

Protagonist · Revenue · Quarterly

$13.1M

Q3 2020+62,347.6%vs Q3 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

The press release contains forward-looking statements regarding the potential of product candidates to improve standards of care, the ability to fund operations into future periods, and expectations regarding the timing of the initiation of clinical trials.

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 Q3 2020

Historical avgQ3 2020

+3.2%

Avg return

Earnings day

+5.4%

Avg return

5 days after

+8.3%

Avg return

30 days after

51%

20 / 39 earnings

Positive

+75.1%

Q1 2020

Best reaction

-21.2%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-0.2%+3.3%
Q4 2025-0.3%+7.8%+13.3%
Q3 2025-0.2%+6.4%+12.4%
Q1 2025+2.4%+3.2%+22.9%
Q4 2024-7.1%-6.2%+35.6%
Q3 2024-2.9%-9.3%-11.6%
Q2 2024+0.0%+8.2%+17.4%
Q1 2024+4.0%+8.3%+30.5%
Q4 2023+3.0%+8.9%-2.0%
Q3 2023+10.2%+9.0%+22.8%
Q2 2023+3.3%-2.0%+5.2%
Q1 2023+1.5%+3.3%+15.3%
Q4 2022-8.4%-9.9%-25.9%
Q3 2022-0.5%+9.4%+0.4%
Q2 2022+2.2%-1.6%-21.1%
Q1 2022-0.3%-10.3%-6.4%
Q4 2021+7.2%-0.7%-2.3%
Q3 2021+5.0%+7.4%+0.1%
Q2 2021-2.2%-0.4%-0.8%
Q1 2021-0.4%-0.1%+19.3%
Q4 2020+3.5%+2.8%-11.4%
Q3 2020+14.2%+6.6%+11.0%
Q2 2020+8.3%+2.3%+23.8%
Q1 2020+75.1%+97.4%+98.0%
Q4 2019-4.8%+5.1%-7.6%
Q3 2019-19.3%-14.2%-37.5%
Q2 2019+0.8%-2.9%+60.6%
Q1 2019+20.8%+16.3%+31.4%
Q4 2018+0.1%+22.3%+22.2%
Q3 2018+14.1%+22.3%-14.6%
Q2 2018-1.8%-6.4%-18.1%
Q1 2018-21.2%-22.4%-13.5%
Q4 2017-2.0%+1.4%-57.5%
Q3 2017+8.9%+16.2%+25.2%
Q2 2017-7.7%-4.4%+33.6%
Q1 2017+10.5%+14.3%+21.1%
Q4 2016-0.6%+0.4%-16.8%
Q3 2016-1.6%+3.4%-16.5%
Q2 2016+9.4%+19.1%+63.8%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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