NASDAQ$ENTA

Enanta Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results for the first quarter of fiscal year 2021.

Enanta Pharmaceuticals reported a decrease in total revenue due to lower HCV product sales by AbbVie, resulting in a net loss for the quarter, while advancing its pipeline programs in HBV and RSV.

  • Royalty revenue for the quarter was $31.7 million.
  • Cash and marketable securities totaled $404.7 million at the end of the quarter.
  • Initiated RSVTx, a Phase 2b study of EDP-938 in adult hematopoietic cell transplant recipients with acute Respiratory Syncytial Virus (RSV) infection.
  • Broadened Hepatitis B Virus (HBV) Program with EDP-721, a New Oral HBV RNA Destabilizer, as a Potential Component of a Functional HBV Cure Regimen; Plan to Initiate Phase 1 Study Mid-2021.

Headline financials

Total Revenue

$31.7M

Previous: $52.6M-39.6%
EPS (adj)

-$0.41

Previous: $0.65-163.1%
Capital Expenditures

-$188K

Previous: -$488K+61.5%
Free Cash Flow

-$8.52M

Previous: $13M-165.7%
Net Income

-$8.33M

Previous: $13.4M-162.0%
Operating Income

-$12.3M

Previous: $12.9M-195.6%
Gross Profit

$31.7M

Previous: $52.6M-39.6%
Cash & Equivalents

$55.1M

Previous: $27.6M+99.9%
Total Assets

$481M

Previous: $511M-5.9%
Stock-Based Comp

$4.88M

Previous: $5.1M-4.2%

Revenue & EPS history

Enanta Pharmaceuticals · Revenue · Quarterly

$31.7M

Q1 2021-39.6%vs Q1 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Enanta Pharmaceuticals · $31.7M total across 1 segment · Q1 2021

  • Royalty Revenue
    $31.7M-39.7%

Forward guidance

Enanta expects to progress through numerous milestones across its entire pipeline in the upcoming year.

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

-1.3%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-1.0%

Avg return

30 days after

41%

24 / 58 earnings

Positive

+14.8%

Q4 2021

Best reaction

-29.2%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-6.1%-13.4%-26.0%
Q1 2026+2.2%+0.1%-3.0%
Q4 2025-3.5%-0.7%+13.3%
Q2 2025-5.6%+3.6%+33.5%
Q1 2025+14.1%+45.7%+39.4%
Q4 2024-8.4%-7.9%-34.7%
Q3 2024-6.5%-9.5%-12.7%
Q2 2024-13.6%-16.6%-18.3%
Q1 2024-1.4%-1.7%+22.8%
Q4 2023+9.2%+8.9%-6.7%
Q3 2023-6.6%-19.8%-38.8%
Q2 2023-29.2%-29.7%-27.0%
Q1 2023-0.5%+0.2%-12.1%
Q4 2022-2.9%-11.2%+0.3%
Q3 2022-3.8%-4.2%-10.4%
Q2 2022-1.9%-13.2%-24.4%
Q1 2022+2.8%+1.8%+3.9%
Q4 2021+14.8%+22.0%+2.7%
Q3 2021+5.6%+6.3%+35.8%
Q2 2021-6.9%-5.6%-8.5%
Q1 2021+3.1%-3.3%-3.9%
Q4 2020-1.6%-1.5%-2.9%
Q3 2020-2.1%+0.2%+4.4%
Q2 2020-0.6%+1.8%-0.5%
Q1 2020-0.1%-5.4%-2.3%
Q4 2019-1.8%+1.1%+3.4%
Q3 2019+6.0%+7.4%+0.7%
Q2 2019-0.0%-3.2%+0.5%
Q1 2019+11.6%+11.2%+22.9%
Q4 2018+1.5%+0.2%-11.1%
Q3 2018-6.4%-6.3%-11.4%
Q2 2018-4.5%-3.6%+7.7%
Q1 2018-19.0%-16.7%-7.5%
Q4 2017-5.9%-1.4%+18.0%
Q3 2017+2.2%+2.0%+11.6%
Q2 2017+9.3%+8.0%-3.3%
Q1 2017-6.5%-7.5%-8.9%
Q4 2016+7.4%+9.0%+10.0%
Q3 2016+2.3%+6.4%+4.3%
Q2 2016-1.8%
Q1 2016+1.8%
Q4 2015-2.0%
Q3 2015-13.8%
Q2 2015-0.1%
Q1 2015-4.2%
Q4 2014+4.3%
Q3 2014+4.6%
Q2 2014+5.2%
Q1 2014-3.6%
Q1 2013-3.6%
Q4 2011-22.6%
Q1 2012-22.6%
Q4 2013+8.5%
Q3 2013+7.4%
Q3 2012+7.4%
Q2 2012+5.5%
Q4 2012+5.5%
Q2 2013+0.7%

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