NASDAQ$ENTA

Enanta Pharmaceuticals Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial results for the fiscal first quarter ended December 31, 2021.

Enanta Pharmaceuticals reported a total revenue of $27.6 million for the three months ended December 31, 2021, consisting entirely of royalty revenue. The company's net loss for the quarter was $30.1 million, or a loss of $1.48 per diluted common share. Enanta expects to begin dosing subjects this month with EDP-235, its SARS-CoV-2 3CL protease inhibitor, and completed enrollment in RSVP, a Phase 2b Study of EDP-938 in adults with community-acquired RSV, with topline data expected in the second quarter of 2022.

  • Expects to begin dosing in a first-in-human study of EDP-235, an oral 3CL protease inhibitor specifically designed for the treatment of COVID-19, this month.
  • Completed enrollment in RSVP, a Phase 2b Study of EDP-938 in adults with community-acquired Respiratory Syncytial Virus (RSV); expects topline data in the second quarter of 2022.
  • Plans to initiate a Phase 1 study of EDP-323, an RSV L-Protein Inhibitor, in the second half of 2022.
  • Royalty revenue for the quarter was $27.6 million.

Headline financials

Total Revenue

$27.6M

Previous: $31.7M-12.9%
EPS (adj)

-$1.48

Previous: -$0.41-261.0%
Capital Expenditures

-$363K

Previous: -$188K-93.1%
Free Cash Flow

-$30.5M

Previous: -$8.52M-257.9%
Net Income

-$30.1M

Previous: -$8.33M-261.6%
Operating Income

-$30.4M

Previous: -$12.3M-147.2%
Gross Profit

$27.6M

Previous: $31.7M-12.9%
Cash & Equivalents

$99.1M

Previous: $55.1M+79.8%
Total Assets

$441M

Previous: $481M-8.4%
Stock-Based Comp

$6.06M

Previous: $4.88M+24.1%

Revenue & EPS history

Enanta Pharmaceuticals · Revenue · Quarterly

$27.6M

Q1 2022-12.9%vs Q1 2021
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Enanta Pharmaceuticals · $27.6M total across 1 segment · Q1 2022

  • Royalty Revenue
    $27.6M-13.1%

Forward guidance

Enanta expects that its current cash, cash equivalents and marketable securities, as well as its continuing royalty revenue, will be sufficient to meet the anticipated cash requirements of its existing business and development programs for at least the next two years.

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 2022

Historical avgQ1 2022

-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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