NASDAQ$BEAM

Beam Therapeutics Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported business and pipeline updates and financial results for the third quarter of 2021.

Beam Therapeutics announced the FDA clearance of its IND application for BEAM-101, initiated IND-enabling studies for BEAM-102, and continued progress on BEAM-201. They also executed a non-exclusive option and license agreement with Sana Biotechnology for Cas12b.

  • FDA cleared IND application for BEAM-101 for sickle cell disease treatment.
  • Initiated IND-enabling studies for BEAM-102 for sickle cell disease treatment.
  • Continued progress on BEAM-201 for T-cell acute lymphoblastic leukemia treatment.
  • Executed non-exclusive option and license agreement with Sana Biotechnology for Cas12b.

Headline financials

Total Revenue

$763K

Previous: $6K+12616.7%
EPS (adj)

-$0.42

Previous: -$0.69+39.1%
Capital Expenditures

-$33.4M

Previous: -$8.23M-306.2%
Free Cash Flow

-$61.6M

Previous: -$42.7M-44.2%
Net Income

-$28.1M

Previous: -$34.5M+18.4%
Operating Income

-$69.6M

Previous: -$37.3M-86.6%
Gross Profit

-$53.9M

Previous: $6K-897766.7%
Cash & Equivalents

$612M

Previous: $138M+343.8%
Total Assets

$1.16B

Previous: $278M+315.6%
Stock-Based Comp

$13M

Previous: $3.01M+330.5%

Revenue & EPS history

Beam Therapeutics · Revenue · Quarterly

$763K

Q3 2021+12,616.7%vs Q3 2020
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Revenue by segment

Beam Therapeutics · $6K total across 1 segment · Q2 2021

  • License & collaboration revenue
    $6K

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+1.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+3.6%

Avg return

30 days after

56%

14 / 25 earnings

Positive

+21.8%

Q4 2023

Best reaction

-11.1%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.8%-2.4%-9.3%
Q4 2025+14.1%+0.5%-16.6%
Q3 2025-6.4%-8.4%+19.2%
Q1 2025+3.9%-0.2%-1.1%
Q4 2024-3.1%-14.5%-27.9%
Q3 2024+9.3%+11.1%+3.9%
Q2 2024-4.5%-4.5%-5.6%
Q1 2024-2.4%-6.7%+5.7%
Q4 2023+21.8%+11.3%-7.7%
Q3 2023-11.1%-12.2%+5.6%
Q2 2023+2.2%+0.0%-1.5%
Q1 2023+1.9%+4.3%-6.7%
Q4 2022-1.3%+0.3%-22.7%
Q3 2022-10.3%+19.0%+3.0%
Q2 2022+3.2%+8.5%-10.4%
Q1 2022+0.3%-0.6%+12.6%
Q4 2021-1.7%-14.3%-20.5%
Q3 2021+9.1%+2.9%-11.4%
Q2 2021+1.0%-5.6%+1.0%
Q1 2021+4.3%+12.2%+37.1%
Q4 2020-4.4%-5.6%-22.3%
Q3 2020+2.5%-1.4%+109.9%
Q2 2020-5.1%-3.5%+8.6%
Q1 2020+3.3%+3.4%+23.1%
Q4 2019+3.3%+3.4%+23.1%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
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