NASDAQ$BEAM
Beam Therapeutics Inc. · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Reported fourth quarter and year-end financial results and reiterated anticipated catalysts.
Beam Therapeutics reported a net loss of $90.4 million for Q4 2024, with cash, cash equivalents, and marketable securities totaling $850.7 million. The company achieved its adult enrollment target in the BEACON trial and anticipates key milestones for its BEAM-101, ESCAPE, BEAM-301, and BEAM-302 programs.
- Achieved adult enrollment target for BEACON Phase 1/2 clinical trial of BEAM-101 for sickle cell disease.
- Presented initial results for the BEACON trial at the 66th American Society of Hematology (ASH) Annual Meeting.
- Advanced global regulatory and site activation activities for BEAM-302 for alpha-1 antitrypsin deficiency (AATD).
- Activated the first clinical trial site for the Phase 1/2 clinical trial of BEAM-301 for glycogen storage disease type 1a (GSD1a).
Headline financials
Revenue & EPS history
Beam Therapeutics · Revenue · Quarterly
$30.1M
Revenue by segment
Beam Therapeutics · $6K total across 1 segment · Q2 2021
- License & collaboration revenue$6K—100.0%
Forward guidance
Beam Therapeutics anticipates several milestones in 2025, including updated data from the BEACON trial, initial data from the BEAM-302 trial, and the commencement of patient dosing in the BEAM-301 trial.
Tailwinds
- Expects to present updated data in mid-2025 from the BEACON Phase 1/2 clinical trial of BEAM-101 in adults with severe SCD.
- Expects to dose 30 patients in the BEACON trial by mid-2025.
- Expects to initiate a Phase 1 healthy volunteer clinical trial of BEAM-103, the ESCAPE monoclonal antibody, by the end of 2025.
- Expects to report initial data from multiple cohorts from the Phase 1/2 study of BEAM-302 in AATD in the first half of 2025.
- Patient dosing in the Phase 1/2 clinical trial of BEAM-301 in GSD1a is expected to commence in early 2025.
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 Q4 2024
+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
| Quarter | Report date | Reaction (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 | — | — | — |
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