NASDAQ$BPMC

Blueprint Medicines Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Blueprint Medicines reported strong AYVAKIT launch in advanced SM and raised guidance for 2021 total revenue.

Blueprint Medicines reported third quarter 2021 financial results with strong commercial adoption of AYVAKIT and GAVRETO. The company raised its full year 2021 total revenue guidance to $170-$180 million.

  • AYVAKIT achieved $17.3 million in net product revenues in the first full quarter following U.S. approval for advanced SM.
  • The company is raising guidance for 2021 total revenue to $170-$180 million.
  • Broad clinical pipeline is advancing toward multiple key data readouts in 2022.
  • Topline data from the PIONEER trial of AYVAKIT in non-advanced systemic mastocytosis is expected in mid-2022.

Headline financials

Total Revenue

$24.2M

Previous: $745M-96.8%
EPS (adj)

-$2.00

Previous: $11.16-117.9%
Capital Expenditures

$996K

Previous: $6K+16500.0%
Free Cash Flow

-$96.6M

Previous: $622M-115.5%
Net Income

-$117M

Previous: $634M-118.5%
Gross Profit

$20.4M

Previous: $745M-97.3%
Cash & Equivalents

$554M

Previous: $1.36B-59.2%
Total Assets

$1.48B

Previous: $1.56B-5.2%
Stock-Based Comp

$24M

Previous: $19.6M+22.0%

Revenue & EPS history

Blueprint Medicines · Revenue · Quarterly

$24.2M

Q3 2021-96.8%vs Q3 2020
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

The company expects to report full year 2021 total revenues in the range of $170-$180 million, based on product revenue growth and strong collaboration execution with multiple milestone payments anticipated during the fourth quarter of 2021.

Historical earnings impact

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

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+2.5%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+6.3%

Avg return

30 days after

68%

27 / 40 earnings

Positive

+24.7%

Q3 2023

Best reaction

-20.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025+10.9%+11.0%+13.3%
Q4 2025-8.1%-10.9%-13.4%
Q3 2025+4.9%+10.2%+14.0%
Q2 2024-10.7%-14.4%-11.8%
Q1 2024+13.0%+14.3%+11.2%
Q4 2023+17.5%+18.9%+17.9%
Q3 2023+24.7%+34.1%+55.8%
Q2 2023-20.7%-26.6%-21.2%
Q1 2023+8.4%+4.5%+12.1%
Q4 2022+5.0%-1.2%+2.4%
Q3 2022-11.1%-19.0%-8.5%
Q2 2022+18.0%+34.7%+46.0%
Q1 2022+5.9%-4.9%-4.8%
Q4 2021-17.0%-19.9%-21.9%
Q3 2021+7.9%+6.4%-3.1%
Q2 2021+6.0%+3.8%+13.2%
Q1 2021-1.0%
Q4 2020+3.8%
Q3 2020-2.2%
Q2 2020-0.8%
Q1 2020+0.7%
Q4 2019+3.5%
Q3 2019+10.4%
Q2 2019-9.2%
Q1 2019+9.0%
Q4 2018+1.4%
Q3 2018-1.4%
Q1 2018+1.3%
Q4 2017+5.5%
Q3 2017+4.8%
Q2 2017-9.8%
Q1 2017-11.6%
Q4 2016+13.0%
Q3 2016+9.9%
Q2 2016+2.4%
Q1 2016-1.4%
Q4 2015+4.6%
Q3 2015+1.4%
Q2 2015+2.5%
Q1 2015+8.4%
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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