NASDAQ$TVRD

Tvardi Therapeutics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2020 financial results.

Cara Therapeutics reported a net income of $78.9 million for the fourth quarter of 2020, compared to a net loss of $28.6 million for the same period in 2019. Total revenue was $112.1 million, primarily consisting of license and milestone fees revenue.

  • FDA accepted the filing of the NDA for KORSUVA Injection for the treatment of moderate-to-severe pruritus in hemodialysis patients.
  • Entered into a license agreement with Vifor for commercializing KORSUVA Injection in the U.S.
  • Completed full enrollment in the KARE Phase 2 dose-ranging trial of Oral KORSUVA for atopic dermatitis.
  • Initiated a Phase 2 trial of Oral KORSUVA for the treatment of moderate-to-severe pruritus in patients suffering from Notalgia Paresthetica.

Headline financials

Total Revenue

$112M

Previous: $4.51M+2384.8%
EPS (adj)

$1.59

Previous: -$0.61+360.7%
Capital Expenditures

$167K

No prior period
Free Cash Flow

$81.9M

Previous: -$31.2M+362.9%
Net Income

$78.9M

Previous: -$28.6M+375.9%
Operating Income

$78.7M

Previous: -$30M+362.6%
Gross Profit

$79.5M

Previous: -$25.4M+413.7%
Cash & Equivalents

$252M

Previous: $218M+15.3%
Total Assets

$271M

Previous: $233M+16.4%
Stock-Based Comp

$4.07M

Previous: $3.39M+20.1%

Revenue & EPS history

Tvardi Therapeutics · Revenue · Quarterly

$112M

Q4 2020+2,384.8%vs Q4 2019
Beat estimate in 5 of 14 quarters(36%)
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 December 31, 2020 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 Q4 2020

Historical avgQ4 2020

+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