NASDAQ$ENTA

Enanta Pharmaceuticals Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported financial results for the fiscal third quarter ended June 30, 2021.

Enanta Pharmaceuticals reported a total revenue of $21.6 million for the quarter ended June 30, 2021, primarily from royalty revenue. The net loss was $24.0 million, or $1.19 per diluted common share. Cash, cash equivalents, and marketable securities totaled $372.5 million at the end of the quarter.

  • Nominated EDP-235, an oral protease inhibitor for COVID-19 treatment, with Phase 1 study planned for early Q1 2022.
  • On track to dose first subject in Phase 1 study of EDP-721, an oral Hepatitis B Virus (HBV) RNA destabilizer.
  • Reported positive preliminary data from Phase 1b study of EDP-514 in viremic chronic HBV patients, showing a mean reduction of 3.3 logs in HBV DNA.
  • Royalty revenue for the quarter was $21.6 million.

Headline financials

Total Revenue

$21.6M

Previous: $18.7M+15.9%
EPS (adj)

-$1.19

Previous: -$0.71-67.6%
Capital Expenditures

-$717K

Previous: -$1.12M+35.7%
Free Cash Flow

-$24.7M

Previous: -$15.4M-60.9%
Net Income

-$24M

Previous: -$14.3M-68.4%
Operating Income

-$33.8M

Previous: -$22.9M-48.1%
Gross Profit

$21.6M

Previous: $18.7M+15.9%
Cash & Equivalents

$4.6M

Previous: $99.9M-95.4%
Total Assets

$450M

Previous: $512M-12.0%
Stock-Based Comp

$5.48M

Previous: $4.75M+15.2%

Revenue & EPS history

Enanta Pharmaceuticals · Revenue · Quarterly

$21.6M

Q3 2021+15.9%vs Q3 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Enanta Pharmaceuticals · $21.6M total across 1 segment · Q3 2021

  • Royalty Revenue
    $21.6M+15.5%

Forward guidance

Enanta expects that its current cash, cash equivalents and short-term and long-term marketable securities, as well as its continuing royalty revenue, will continue to 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 Q3 2021

Historical avgQ3 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro