NASDAQ$TVRD

Tvardi Therapeutics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results and operational highlights for the first quarter ended March 31, 2021.

Cara Therapeutics reported a net loss of $23.3 million, or $0.47 per share, for the first quarter of 2021. Total revenue was $1.9 million, primarily consisting of license and milestone fees. Cash, cash equivalents, and marketable securities totaled $228.3 million as of March 31, 2021.

  • FDA accepted the NDA filing for KORSUVA Injection for hemodialysis patients with Priority Review, with an expected PDUFA target action date of August 23, 2021.
  • Potential U.S. commercial launch of KORSUVA Injection could take place in the second half of 2021, if approved.
  • EMA accepted to review the Marketing Authorization Application (MAA) for difelikefalin injection for the treatment of pruritus associated with chronic kidney disease in hemodialysis patients.
  • Company plans to initiate Phase 3 programs for Oral KORSUVA in pre-dialysis CKD patients and atopic dermatitis patients by year-end 2021.

Headline financials

Total Revenue

$1.94M

Previous: $8.09M-76.1%
EPS (adj)

-$0.47

Previous: -$0.62+24.2%
Free Cash Flow

-$23.3M

Previous: -$28.9M+19.5%
Net Income

-$23.3M

Previous: -$28.9M+19.4%
Operating Income

-$23.6M

Previous: -$30M+21.5%
Gross Profit

$39K

Previous: -$25.4M+100.2%
Cash & Equivalents

$228M

Previous: $180M+27.0%
Total Assets

$250M

Previous: $196M+27.6%
Stock-Based Comp

$4.13M

Previous: $2.85M+45.2%

Revenue & EPS history

Tvardi Therapeutics · Revenue · Quarterly

$1.94M

Q1 2021-76.1%vs Q1 2020
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Tvardi Therapeutics · $8.1M total across 1 segment · Q1 2020

  • Collaboration Revenue
    $8.1M

Forward guidance

Cara expects that its existing unrestricted cash and cash equivalents and available-for-sale marketable securities as of March 31, 2021 will be sufficient to fund its currently anticipated operating expenses and capital expenditures into 2023, without giving effect to any potential milestone payments or potential product revenue under existing collaborations.

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 Q1 2021

Historical avgQ1 2021

+1.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+0.6%

Avg return

30 days after

50%

24 / 48 earnings

Positive

+42.3%

Q3 2016

Best reaction

-34.9%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2024+5.0%-2.5%+11.3%
Q3 2024-4.1%-7.1%-19.1%
Q2 2024-3.9%-4.1%-22.2%
Q1 2024+1.0%+4.7%-5.0%
Q4 2023-4.2%+3.3%-4.5%
Q3 2023+4.3%+4.8%+14.3%
Q2 2023-6.1%-1.9%-31.0%
Q1 2023+11.2%-5.2%-16.0%
Q4 2022-34.9%-41.1%-54.2%
Q3 2022+3.6%+20.8%+35.4%
Q2 2022+4.8%+2.1%-2.8%
Q1 2022+14.7%+4.5%+9.8%
Q4 2021+11.2%+3.2%+17.2%
Q3 2021+1.4%-9.2%-28.5%
Q2 2021+1.6%+8.4%+21.6%
Q1 2021+3.7%+5.1%+10.1%
Q4 2020-7.4%-4.6%+1.6%
Q3 2020+7.7%+10.5%+6.4%
Q2 2020+2.8%-3.9%-8.0%
Q1 2020+6.8%+6.1%+16.1%
Q4 2019-5.2%-6.4%-20.6%
Q3 2019-4.8%+3.9%-20.9%
Q2 2019+8.2%+3.6%+6.0%
Q1 2019-5.1%-6.7%-0.4%
Q4 2018+13.7%+7.2%+13.7%
Q3 2018+0.8%+0.6%-12.5%
Q2 2018+6.0%+9.6%+11.3%
Q1 2018-3.4%+1.5%+30.4%
Q4 2017-9.2%-15.0%-10.1%
Q3 2017+1.2%+2.2%+4.9%
Q2 2017+22.9%+8.1%+4.5%
Q1 2017-7.7%-4.6%+10.3%
Q4 2016-12.3%-10.9%+4.1%
Q3 2016+42.3%+58.9%+61.3%
Q2 2016-1.5%-0.7%-12.5%
Q1 2016-4.3%
Q4 2015-3.8%
Q3 2015+11.9%
Q2 2015+4.0%
Q1 2015-1.6%
Q4 2014+10.2%
Q3 2013-2.1%
Q3 2014-2.1%
Q2 2014-1.8%
Q2 2013-1.8%
Q1 2013-1.7%
Q1 2014-1.7%
Q4 2013-2.7%
Q4 2012
Q3 2012

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