NASDAQ$ENTA

Enanta Pharmaceuticals Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Enanta Pharmaceuticals reported financial results for the fiscal second quarter ended March 31, 2021.

Enanta Pharmaceuticals reported a total revenue of $20.1 million for the quarter, primarily from royalty revenue. The company's net loss was $22.0 million, or $1.09 per diluted common share. Cash and marketable securities totaled $400.4 million at the end of the quarter.

  • Reported positive data from a Phase 1b study of EDP-514 in NUC-Suppressed Chronic Hepatitis B Virus (HBV) Patients Supporting Once Daily Dosing and Combination Approach.
  • On track to report preliminary data from a Phase 1b Study of EDP-514 in Viremic Chronic HBV Patients in Q2 2021 and to Initiate a Phase 1 Study of EDP-721 in Mid-2021.
  • IND-Enabling Studies of a Lead Oral Protease Inhibitor Specifically Designed for SARS-CoV-2 Expected to Begin in Q2 2021.
  • Initiated RSVPEDs, a Phase 2 Study of EDP-938 in Pediatric Patients with Respiratory Syncytial Virus (RSV) Infection.

Headline financials

Total Revenue

$20.1M

Previous: $27.6M-27.1%
EPS (adj)

-$1.09

Previous: -$0.30-263.3%
Capital Expenditures

-$318K

Previous: -$842K+62.2%
Free Cash Flow

-$22.4M

Previous: -$6.85M-226.6%
Net Income

-$22M

Previous: -$6.01M-267.1%
Operating Income

-$29.7M

Previous: -$11.9M-150.1%
Gross Profit

$20.1M

Previous: $27.6M-27.1%
Cash & Equivalents

$77.1M

Previous: $74.3M+3.8%
Total Assets

$468M

Previous: $514M-8.9%
Stock-Based Comp

$5.28M

Previous: $4.98M+6.1%

Revenue & EPS history

Enanta Pharmaceuticals · Revenue · Quarterly

$20.1M

Q2 2021-27.1%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Enanta Pharmaceuticals · $20.1M total across 1 segment · Q2 2021

  • Royalty Revenue
    $20.1M-27.1%

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 the foreseeable future.

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 Q2 2021

Historical avgQ2 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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