NASDAQ$ESPR

Esperion Therapeutics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Esperion's financial performance in Q1 2021 reflected revenue growth driven by increased product sales, offset by higher operating expenses and a net loss.

Esperion reported total revenue of $8.0 million for the first quarter of 2021, compared to $1.8 million for the first quarter of 2020. U.S. product revenue was $6.4 million, an increase from $0.9 million in the prior year. The company experienced a net loss of $90.9 million, or $3.50 per share, compared to a net loss of $78.2 million, or $2.84 per share, for the same period in 2020.

  • Total revenue increased to $8.0 million, driven by NEXLETOL and NEXLIZET sales.
  • U.S. product revenue reached $6.4 million, reflecting growing demand.
  • The company secured a major Medicare Part D contract covering approximately 8.5 million lives.
  • The balance sheet was strengthened with $80 million from expanded Daiichi Sankyo agreement and exercise of Oberland Capital funding.

Headline financials

Total Revenue

$7.98M

Previous: $1.84M+333.6%
EPS (adj)

-$3.50

Previous: -$2.84-23.2%
Capital Expenditures

$0.00

Previous: -$191K+100.0%
Free Cash Flow

-$90.9M

Previous: -$78.4M-15.9%
Net Income

-$90.9M

Previous: -$78.2M-16.2%
Operating Income

-$82.8M

Previous: -$74.4M-11.3%
Gross Profit

$7.98M

Previous: $1.84M+333.6%
Cash & Equivalents

$218M

Previous: $158M+37.8%
Total Assets

$279M

Previous: $180M+55.1%
Stock-Based Comp

$5.75M

Previous: $7.05M-18.5%

Revenue & EPS history

Esperion · Revenue · Quarterly

$7.98M

Q1 2021+333.6%vs Q1 2020
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Esperion · $7.98M total across 2 segments · Q1 2021

  • U.S. Net Product Revenue
    $6.35M+693.8%
  • Collaboration Revenue
    $1.63M+62.8%

Forward guidance

Esperion expects full-year 2021 operating expenses to be approximately $320 million to $340 million, inclusive of $30 million of non-cash, stock-based compensation.

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

-2.0%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.9%

Avg return

30 days after

41%

18 / 44 earnings

Positive

+23.0%

Q3 2018

Best reaction

-47.6%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-0.6%
Q4 2025-11.5%-19.7%-28.3%
Q3 2025-15.0%+5.4%+26.9%
Q1 2025-7.7%-23.8%+10.5%
Q4 2024+12.0%+7.0%-18.4%
Q3 2024+3.2%+10.0%+57.5%
Q2 2024-10.9%-3.0%-13.9%
Q1 2024-3.8%+3.3%+16.5%
Q4 2023-2.3%-3.0%+1.9%
Q3 2023+3.7%-5.2%+64.6%
Q2 2023+14.0%+3.8%+1.9%
Q1 2023+8.1%+14.1%+0.0%
Q4 2022-3.9%+4.7%-73.6%
Q3 2022-1.1%+5.3%-14.6%
Q2 2022+5.9%+11.9%+41.1%
Q1 2022+11.3%-3.8%-1.9%
Q4 2021+5.5%+9.1%+32.8%
Q3 2021+5.3%+2.3%-11.3%
Q2 2021-6.6%-5.2%-12.7%
Q1 2021-25.1%-16.5%-20.7%
Q4 2020-0.2%-4.2%-1.9%
Q3 2020-19.3%-15.7%-0.8%
Q2 2020-11.9%-13.7%-0.1%
Q1 2020+8.8%+19.1%+11.9%
Q4 2019-11.5%-5.4%-38.1%
Q3 2019-8.0%-5.2%+22.4%
Q2 2019-2.0%-2.3%-9.6%
Q1 2019+5.0%+0.3%+2.5%
Q4 2018+1.2%+0.7%-14.1%
Q3 2018+23.0%+29.4%+17.0%
Q2 2018+3.2%+4.2%+10.6%
Q1 2018-47.6%-41.8%-46.1%
Q4 2017+1.2%+5.3%-6.1%
Q3 2017-1.9%+0.0%+12.7%
Q2 2017+11.9%+9.2%+10.4%
Q3 2016-2.5%-3.9%+8.8%
Q2 2016-1.0%-2.2%-4.2%
Q1 2016-7.8%
Q4 2015-3.4%
Q3 2015-3.3%
Q2 2015-2.6%
Q1 2015+2.6%
Q4 2014+1.6%
Q3 2013-3.3%
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

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