SpringWorks Therapeutics(SWTX)

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SpringWorks Therapeutics (SWTX) Up 14.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-12-12 17:36
It has been about a month since the last earnings report for SpringWorks Therapeutics (SWTX) . Shares have added about 14.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is SpringWorks Therapeutics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. SpringWorks' Q3 Lo ...
Does SpringWorks Therapeutics (SWTX) Have the Potential to Rally 92.68% as Wall Street Analysts Expect?
ZACKS· 2024-11-14 15:56
SpringWorks Therapeutics (SWTX) closed the last trading session at $34.71, gaining 15.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $66.88 indicates a 92.7% upside potential.The mean estimate comprises eight short-term price targets with a standard deviation of $9.69. While the lowest estimate of $52 indicates a 49.8% increase from the current price level, the most optimistic ...
SpringWorks' Q3 Loss Narrower Than Expected, Revenues Miss Mark
ZACKS· 2024-11-13 16:51
SpringWorks Therapeutics, Inc. (SWTX) incurred a loss of 72 cents per share in the third quarter of 2024, which was narrower than the Zacks Consensus Estimate of a loss of 76 cents. The company had reported a loss of $1.27 per share in the year-ago quarter.In the third quarter, total revenues were $49.3 million, which missed the Zacks Consensus Estimate of $54 million. Total revenues comprised net product sales of Ogsiveo (nirogacestat), SpringWorks’ only marketed drug. The company did not generate any reve ...
SpringWorks Therapeutics(SWTX) - 2024 Q3 - Earnings Call Transcript
2024-11-12 18:20
SpringWorks Therapeutics, Inc. (NASDAQ:SWTX) Q3 2024 Earnings Call November 12, 2024 8:30 AM ET Company Participants Kim Diamond - Vice President, Corporate Communications Saqib Islam - Chief Executive Officer Bhavesh Ashar - Chief Commercial Officer Jim Cassidy - Chief Medical Officer Francis Perier - Chief Financial Officer Badreddin Edris - Chief Operating Officer Conference Call Participants Anupam Rama - JPMorgan Peter Lawson - Barclays Corinne Johnson - Goldman Sachs David Nierengarten - Wedbush Secur ...
SpringWorks Therapeutics to Participate in the Jefferies London Healthcare Conference
GlobeNewswire News Room· 2024-11-12 14:25
STAMFORD, Conn., Nov. 12, 2024 (GLOBE NEWSWIRE) -- SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, today announced that management will participate in a fireside chat at the Jefferies London Healthcare Conference, taking place in London, United Kingdom on Tuesday, November 19, 2024 at 10:30 a.m. ET. To access the live webcast, please visit the Events & Presentations page within the Investors & Media section of the compan ...
SpringWorks Therapeutics (SWTX) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-12 13:45
SpringWorks Therapeutics (SWTX) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to loss of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.26%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $1.12 per share when it actually produced a loss of $0.54, delivering a surprise of 51.79%.Over the last four quarters ...
SpringWorks Therapeutics(SWTX) - 2024 Q3 - Quarterly Report
2024-11-12 11:34
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________________ FORM 10-Q ____________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _ TO _ COMMISSION FILE NUMBER 001-39044 _ ...
SpringWorks Therapeutics(SWTX) - 2024 Q3 - Quarterly Results
2024-11-12 11:33
Exhibit 99.1 SpringWorks Therapeutics Reports Third Quarter 2024 Financial Results and Recent Business Highlights ® – Achieved $49.3 million in OGSIVEO (nirogacestat) net product revenue in the third quarter – – Long-term follow-up data from the Phase 3 DeFi trial of nirogacestat in adults with desmoid tumors highlight further reductions in tumor size, increase in ORR, sustained improvement in desmoid tumor symptoms, and consistent safety profile – – Granted FDA Priority Review on NDA and received validatio ...
SpringWorks Therapeutics Reports Third Quarter 2024 Financial Results and Recent Business Highlights
GlobeNewswire News Room· 2024-11-12 11:30
– Achieved $49.3 million in OGSIVEO® (nirogacestat) net product revenue in the third quarter – – Long-term follow-up data from the Phase 3 DeFi trial of nirogacestat in adults with desmoid tumors highlight further reductions in tumor size, increase in ORR, sustained improvement in desmoid tumor symptoms, and consistent safety profile – – Granted FDA Priority Review on NDA and received validation of EU Marketing Authorization Application for mirdametinib for the treatment of adults and children with NF1-PN – ...
SpringWorks Therapeutics Announces Publication of the Pivotal Phase 2b ReNeu Trial Evaluating Mirdametinib in Adults and Children with NF1-PN in the Journal of Clinical Oncology
GlobeNewswire News Room· 2024-11-11 11:30
– Mirdametinib treatment demonstrated significant confirmed objective response rates and a manageable safety profile in adults and children with NF1-PN – – Patients achieved deep and durable reductions in tumor volume and early, sustained and clinically meaningful improvements in pain and health-related quality of life – – New Drug and Marketing Authorization Applications under review; U.S. PDUFA action date set for February 28, 2025 – STAMFORD, Conn., Nov. 11, 2024 (GLOBE NEWSWIRE) -- SpringWorks Therapeut ...