NASDAQ$ARVN

Arvinas Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Arvinas reported financial results for the first quarter ended March 31, 2021 and provided a corporate update.

Arvinas reported a net loss of $41.0 million for the quarter ended March 31, 2021, compared to a net loss of $21.7 million for the quarter ended March 31, 2020. Revenues were $5.5 million for the quarter ended March 31, 2021, compared to $6.2 million for the quarter ended March 31, 2020. As of March 31, 2021, cash, cash equivalents and marketable securities were $651.3 million.

  • Presented preclinical data of ARV-110 and ARV-471 at AACR.
  • Cash, cash equivalents and marketable securities were $651.3 million as of March 31, 2021.
  • Research and development expenses were $34.9 million for the quarter ended March 31, 2021.
  • Revenues were $5.5 million for the quarter ended March 31, 2021.

Headline financials

Total Revenue

$5.54M

Previous: $6.24M-11.2%
EPS (adj)

-$0.84

Previous: -$0.56-50.0%
R&D Expenses

$34.9M

Previous: $21.7M+60.6%
G&A Expenses

$12.3M

Previous: $7.93M+55.2%
Capital Expenditures

-$990K

Previous: -$1.36M+27.3%
Free Cash Flow

-$42M

Previous: -$23.1M-81.6%
Net Income

-$41M

Previous: -$21.7M-88.4%
Operating Income

-$41.6M

Previous: -$23.4M-77.9%
Gross Profit

$5.54M

Previous: $6.24M-11.2%
Cash & Equivalents

$346M

Previous: $36.1M+858.5%
Total Assets

$682M

Previous: $282M+141.4%
Stock-Based Comp

$10.3M

No prior period

Revenue & EPS history

Arvinas · Revenue · Quarterly

$5.54M

Q1 2021-11.2%vs Q1 2020
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Arvinas · $30.3M total across 1 segment · Q3 2022

  • Collaboration Revenue
    $30.3M+225.8%

Forward guidance

Arvinas expects its cash, cash equivalents, and marketable securities will be sufficient to fund its planned operating expenses and capital expenditures into 2024.

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 Q1 2021

Historical avgQ1 2021

-2.4%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-1.6%

Avg return

30 days after

30%

9 / 30 earnings

Positive

+11.8%

Q1 2019

Best reaction

-24.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.4%-10.2%-31.0%
Q4 2025+5.2%+4.7%-7.4%
Q3 2025+0.5%+17.3%+34.1%
Q1 2025-24.8%-27.8%-25.2%
Q4 2024-6.8%-3.5%-54.9%
Q3 2024-3.9%-2.5%-2.8%
Q2 2024-1.0%-7.0%-6.3%
Q1 2024+0.3%-2.5%-14.1%
Q4 2023-5.8%-3.1%-15.4%
Q3 2023-2.5%-11.5%+93.1%
Q2 2023+2.1%+6.8%+12.8%
Q1 2023+4.9%+3.0%-1.2%
Q4 2022-7.0%-10.8%-23.0%
Q3 2022-4.0%+17.9%-12.5%
Q2 2022+3.8%+4.5%-19.3%
Q1 2022-16.4%-22.6%-19.0%
Q4 2021-2.6%-4.4%-5.4%
Q3 2021+4.9%+1.2%-18.8%
Q2 2021-4.3%-8.9%-13.4%
Q1 2021-4.0%-9.1%-1.7%
Q4 2020-1.0%-8.0%-15.6%
Q3 2020-3.6%+4.3%+18.6%
Q2 2020-5.0%-11.1%-23.0%
Q1 2020-0.9%-6.0%-17.7%
Q4 2019-3.2%-1.8%+14.2%
Q3 2019+3.3%+17.6%+79.4%
Q2 2019-4.6%-0.2%-1.5%
Q1 2019+11.8%+11.1%+0.8%
Q4 2018-3.0%-6.9%+42.9%
Q3 2018-0.1%+7.3%-13.6%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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