Corbus Pharmaceuticals Holdings, Inc. (CRBP) Earnings
Corbus Pharmaceuticals Holdings, Inc. is expected to report next earnings on August 11, 2026 (in NaN days), with a consensus EPS estimate of $-1.30. CRBP has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +9.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 12, 2026 | $-1.26 | $-1.23 | +2.4% | — | — |
| Mar 9, 2026 | $-1.52 | $-1.25 | +17.6% | — | — |
| Nov 12, 2025 | $-1.80 | $-1.90 | -5.6% | — | — |
| Mar 11, 2025 | $-1.02 | $-0.78 | +23.5% | — | — |
| Nov 7, 2024 | $-0.99 | $-1.15 | -16.2% | — | — |
| Mar 12, 2024 | $-2.36 | $-1.81 | +23.3% | $1M | — |
| Mar 7, 2023 | $-2.10 | $-2.61 | -24.3% | — | — |
| Mar 8, 2022 | $-3.30 | $-2.40 | +27.3% | $-881705 | -353.7% |
| Nov 12, 2021 | $-3.60 | $-0.60 | +83.3% | $97323 | -84.0% |
| Aug 12, 2021 | $-3.60 | $-4.50 | -25.0% | $136558 | -0.3% |
| May 13, 2021 | $-4.50 | $-4.20 | +6.7% | $647824 | -6.2% |
| Mar 15, 2021 | $-6.61 | $-3.00 | +54.6% | $658204 | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q4 FY2020 · March 15, 2021
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Progress on strategic plan: Working to maximize lenabasum value, move internal pipeline into clinical testing in 2022, and engage with potential partners to expand pipeline. - Phase 3 DETERMINE study in dermatomyositis: Primary endpoint moved from week 52 to week 28, all patients completed week 28 visit, topline data expected in Q2 2021. - Endocannabinoid system targeting assets: In-house pipeline for metabolic disorders, fibrotic diseases, and cancer; lead compounds to start clinical studies in 2022. - Financial position: Cash on hand ~$127M as of March 15, 2021, expected to fund operations into Q1 2024.
Guidance
- Cash on hand of ~$127M to fund operations into Q1 2024. - Topline data from Phase 3 DETERMINE study in dermatomyositis expected in Q2 2021. - Lead compounds from internal programs to start clinical studies in 2022.
Segment performance
No detailed product segment financial performance with absolute terms and revenue contribution % provided in the transcript.
Risks & headwinds
- Forward-looking statements involve risks and uncertainties, and actual results could differ materially from contemplated forward-looking statements. Factors causing differences are discussed in periodic reports filed with the SEC.
Analyst Q&A
Q: Could you elaborate on how comfortable you are towards selecting candidates for CB1 and CB2 programs? And on cash runway, how does the $127M cash last through 1Q 2024?
A: Barbara White discussed comfort in selecting CB1/CB2 candidates with progress in understanding pharmacokinetics and metabolic studies. Sean Moran mentioned cash burn reduced due to completion of costly studies and workforce reduction, projecting ~$10M burn average going forward.
Q: On the dermatomyositis study, how many patients went to open-label extension and discontinuation rate? Also, steps regarding Actemra approval and SSC data?
A: Barbara White said discontinuation rate was ~8%, ~166 patients completed week 28 visit, 90% eligible enrolled in open-label extension. Regarding Actemra, discussed interest in FDA's consideration of subset data in SSC, with next steps dependent on DM study data and further analysis, timeline to be determined after DM data is received