NASDAQ$TVRD

Tvardi Therapeutics Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported financial results and operational highlights for Q4 and full year 2019.

Cara Therapeutics reported a net loss of $28.6 million for the fourth quarter of 2019, compared to a net loss of $20.7 million for the same period in 2018. The company's cash, cash equivalents, and marketable securities totaled $218.2 million at the end of 2019.

  • Reported positive results from the first pivotal Phase 3 efficacy trial (KALM™ -1) of KORSUVA Injection.
  • Reported positive results from Phase 2 trial of Oral KORSUVA in pre-dialysis patients.
  • Expanded clinical pruritus program for Oral KORSUVA with the initiation of Phase 2 trials in both atopic dermatitis and liver disease patients.
  • Expects top-line data for its pivotal KALM-2 Phase 3 global trial of KORSUVA Injection in the second quarter of 2020.

Headline financials

Total Revenue

$4.51M

Previous: $5.53M-18.5%
EPS (adj)

-$0.61

Previous: -$0.52-17.3%
Free Cash Flow

-$31.2M

Previous: -$24.4M-27.8%
Net Income

-$28.6M

Previous: -$20.7M-38.5%
Operating Income

-$30M

Previous: -$22M-36.4%
Gross Profit

-$25.4M

Previous: -$17.3M-46.8%
Cash & Equivalents

$218M

Previous: $15.1M+1346.9%
Total Assets

$233M

Previous: $191M+22.1%
Stock-Based Comp

$3.39M

Previous: $3.72M-9.0%

Revenue & EPS history

Tvardi Therapeutics · Revenue · Quarterly

$4.51M

Q4 2019-18.5%vs Q4 2018
Beat estimate in 6 of 13 quarters(46%)
ActualEstimate

Revenue by segment

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

  • Collaboration Revenue
    $8.1M

Forward guidance

Cara Therapeutics expects its existing cash and cash equivalents and available-for-sale marketable securities as of December 31, 2019 will be sufficient to fund its currently anticipated operating expenses and capital expenditures into the second half of 2021.

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 2019

Historical avgQ4 2019

+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

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