NASDAQ$AKRO

Akero Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Akero Therapeutics reported third quarter financial results for the period ending September 30, 2020.

Akero Therapeutics reported strongly positive histological data from their FGF21 analog, efruxifermin (EFX), and raised more than $216 million to enable continued development of EFX.

  • Reported strongly positive histological data from FGF21 analog, efruxifermin (EFX).
  • Raised more than $216 million to enable continued development of EFX.
  • Received feedback from the FDA that enables continuation of EFX development with proposed adaptive Phase 2b/3 clinical trial design.
  • EFX received PRIME designation from EMA for development as a NASH therapy.

Headline financials

EPS (adj)

-$0.63

Previous: -$0.56-12.5%

Revenue & EPS history

Akero · Revenue · Quarterly

$0

Q3 2025

Forward guidance

Akero is focused on advancing the development of Efruxifermin (EFX) for the treatment of NASH.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

-0.4%

Avg return

Earnings day

-1.8%

Avg return

5 days after

+1.5%

Avg return

30 days after

54%

14 / 26 earnings

Positive

+18.4%

Q2 2022

Best reaction

-20.9%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+0.2%+0.3%+0.9%
Q2 2025+0.1%-4.2%-11.3%
Q1 2025+4.3%-2.5%+33.0%
Q4 2024+2.9%-5.4%-8.8%
Q3 2024-5.2%-11.2%-10.8%
Q2 2024-3.0%-4.2%+6.2%
Q1 2024-0.9%+1.2%+10.5%
Q4 2023+2.1%+12.0%-7.3%
Q3 2023+5.3%
Q2 2023+6.2%
Q1 2023+0.2%
Q4 2022-4.1%
Q3 2022-6.8%
Q2 2022+18.4%
Q1 2022-11.4%
Q4 2021-1.9%
Q3 2021+4.6%
Q2 2021+1.0%
Q1 2021+2.6%
Q4 2020-1.1%
Q3 2020-3.0%
Q2 2020-0.9%
Q1 2020+2.8%
Q4 2019-20.9%
Q3 2019-3.8%
Q2 2019+1.3%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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