NASDAQ$ENTA

Enanta Pharmaceuticals Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the fiscal third quarter ended June 30, 2022.

Enanta Pharmaceuticals reported a total revenue of $19.5 million for the quarter, primarily from royalty revenue. The net loss for the quarter was $31.7 million, or $1.53 per diluted common share. Cash, cash equivalents, and marketable securities totaled $292.7 million at the end of the quarter.

  • Presented positive Phase 1 study data for EDP-235, a Coronavirus 3CL Protease Inhibitor, with a Phase 2 study planned for Q4 2022.
  • Progressing Respiratory Syncytial Virus (RSV) Portfolio with a Phase 2 study of EDP-938 in High-Risk Adults and a Phase 1 study of EDP-323 planned for Q4 2022.
  • Royalty Revenue for the Quarter was $19.5 Million.
  • Filed a suit against Pfizer for infringement of U.S. Patent No. 11,358,953 regarding Paxlovid.

Headline financials

Total Revenue

$19.5M

Previous: $21.6M-9.9%
EPS (adj)

-$1.53

Previous: -$1.19-28.6%
Capital Expenditures

-$688K

Previous: -$717K+4.0%
Free Cash Flow

-$32.4M

Previous: -$24.7M-30.9%
Net Income

-$31.7M

Previous: -$24M-32.0%
Operating Income

-$32.5M

Previous: -$33.8M+3.9%
Gross Profit

$18.8M

Previous: $21.6M-13.2%
Cash & Equivalents

$28.4M

Previous: $4.6M+516.5%
Total Assets

$385M

Previous: $450M-14.5%
Stock-Based Comp

$7.6M

Previous: $5.48M+38.9%

Revenue & EPS history

Enanta Pharmaceuticals · Revenue · Quarterly

$19.5M

Q3 2022-9.9%vs Q3 2021
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Revenue by segment

Enanta Pharmaceuticals · $19.5M total across 1 segment · Q3 2022

  • Royalty Revenue
    $19.5M-9.8%

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 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 2022

Historical avgQ3 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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