NASDAQ$ESPR

Esperion Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Esperion reported financial results for Q3 2020 and provided a business update.

Esperion's Q3 2020 total revenue was $3.8 million, including $3.3 million from net product sales and $0.5 million from partner reimbursement. The company's net loss was $85.4 million, or $3.07 per share.

  • Quarter-over-quarter script growth exceeded 500 percent for NEXLETOL and NEXLIZET.
  • U.S. product revenue increased five-fold during the third quarter.
  • Daiichi Sankyo Europe launched NILEMDO and NUSTENDI in Germany.
  • NEXLETOL and NEXLIZET are now included in the American Association for Clinical Endocrinologists’ updated lipid guidelines.

Headline financials

Total Revenue

$3.83M

Previous: $981K+290.7%
EPS (adj)

-$3.07

Previous: -$2.52-21.8%
Capital Expenditures

-$693K

Previous: -$781K+11.3%
Free Cash Flow

-$86.1M

Previous: -$69.2M-24.5%
Net Income

-$85.4M

Previous: -$68.4M-24.9%
Operating Income

-$80.6M

Previous: -$65.8M-22.5%
Gross Profit

$3.83M

Previous: $981K+290.7%
Cash & Equivalents

$216M

Previous: $212M+1.8%
Total Assets

$251M

Previous: $255M-1.7%
Stock-Based Comp

$7.26M

Previous: $6.33M+14.8%

Revenue & EPS history

Esperion · Revenue · Quarterly

$3.83M

Q3 2020+290.7%vs Q3 2019
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

Esperion · $3.8M total across 2 segments · Q3 2020

  • U.S. Net Product Revenue
    $3.3M
  • Collaboration Revenue
    $502K-48.8%

Forward guidance

Esperion expects that current cash resources, coupled with future revenue from NEXLETOL and NEXLIZET commercial net product sales are sufficient to fund continued operations.

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 2020

Historical avgQ3 2020

-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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