NASDAQ$ALLO

Allogene Therapeutics Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Allogene Therapeutics reported second quarter 2021 financial results.

Allogene Therapeutics reported a net loss of $70.9 million for the second quarter of 2021. The company ended the quarter with $913.2 million in cash, cash equivalents, and investments.

  • Phase 1 ALPHA data at ASCO 2021 showed a single dose of ALLO-501 was associated with overall response, complete response and durable response rates on par with autologous CD19 CAR T therapies in CAR T Naïve Patients with Relapsed/Refractory Non-Hodgkin Lymphoma.
  • Next CD19 Program Clinical Update Planned for Q4 2021.
  • ALLO-501A Pivotal Trial on Track for Initiation in Late 2021.
  • Ended Second Quarter with $913 Million in Cash, Cash Equivalents and Investments

Headline financials

Total Revenue

$44K

No prior period
EPS (adj)

-$0.53

Previous: -$0.53+0.0%
Stock-Based Compensation Expense

$21.1M

Previous: $16.8M+25.6%
Capital Expenditures

-$17.4M

Previous: $16.1M-208.2%
Free Cash Flow

-$88.3M

Previous: -$42.8M-106.4%
Net Income

-$70.9M

Previous: -$61M-16.3%
Operating Income

-$71M

Previous: -$63.2M-12.5%
Gross Profit

-$2.31M

No prior period
Cash & Equivalents

$913M

Previous: $1.11B-17.8%
Total Assets

$1.13B

Previous: $1.26B-10.5%
Stock-Based Comp

$21.1M

Previous: $16.8M+26.0%

Revenue & EPS history

Allogene · Revenue · Quarterly

$44K

Q2 2021
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Forward guidance

Allogene continues to expect full year GAAP Operating Expenses to be between $300 million and $330 million including estimated non-cash stock-based compensation expense of $80 million to $90 million and excluding any impact from potential new business development activities.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.1%

Avg return

Earnings day

-2.7%

Avg return

5 days after

-5.0%

Avg return

30 days after

53%

16 / 30 earnings

Positive

+23.7%

Q3 2023

Best reaction

-11.8%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-16.0%-17.7%
Q4 2025-2.8%-13.0%+10.1%
Q3 2025+10.7%+17.1%+36.2%
Q1 2025-1.8%-1.8%+23.4%
Q4 2024+2.6%-10.6%-23.3%
Q3 2024-4.3%-11.8%-32.0%
Q2 2024-7.5%-7.5%-5.5%
Q1 2024+7.2%+0.4%-6.9%
Q4 2023-4.5%-10.0%-22.1%
Q3 2023+23.7%+15.9%-11.0%
Q2 2023+7.3%-11.3%-15.4%
Q1 2023+20.6%+18.1%+4.9%
Q4 2022+0.2%-5.4%-21.5%
Q3 2022-9.9%-14.2%-10.5%
Q2 2022+1.5%+8.1%-3.5%
Q1 2022+2.3%-18.9%-8.0%
Q4 2021-4.8%-5.9%-0.7%
Q3 2021-0.1%-5.8%-12.6%
Q2 2021+8.2%+3.2%+16.1%
Q1 2021-0.7%-1.4%-19.0%
Q4 2020+0.8%+0.5%-1.9%
Q3 2020-11.8%-17.5%-0.4%
Q2 2020+0.3%-0.6%-10.9%
Q1 2020-0.9%+8.2%+38.1%
Q4 2019+6.1%+8.1%-21.7%
Q3 2019-10.5%-5.5%+2.1%
Q2 2019+4.4%-0.9%-7.4%
Q1 2019-2.1%-2.5%-16.5%
Q4 2018-4.7%-9.3%-5.7%
Q3 2018+3.8%+8.3%-5.5%
Q2 2018
Q1 2018

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