NASDAQ$ESPR

Esperion Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Esperion's Q4 2022 earnings were reported, highlighted by $15M in U.S. net sales, and the successful completion of the CLEAR Outcomes trial.

Esperion reported a Q4 2022 revenue of $18.8 million, driven by increased U.S. product and royalty revenue. The company also highlighted the successful completion of the CLEAR Outcomes trial and a 41% reduction in selling, general, and administrative expenses.

  • Total revenue for Q4 2022 was $18.8 million, a 22% increase compared to Q4 2021.
  • U.S. product revenue for Q4 2022 was $15.0 million, a 23% increase compared to Q4 2021.
  • Research and development expenses increased by 20% to $33.0 million due to accelerated CVOT costs.
  • Net losses decreased to $55.5 million, compared to $65.1 million for the same period in 2021.

Headline financials

Total Revenue

$18.8M

Previous: $15.4M+22.2%
EPS (adj)

-$0.76

Previous: -$1.77+57.1%
Net Income

-$55.5M

Previous: -$65.1M+14.8%
Operating Income

-$57.1M

Previous: -$55.6M-2.6%
Gross Profit

$18.8M

Previous: $15.4M+22.2%
Cash & Equivalents

$125M

Previous: $209M-40.3%
Total Assets

$248M

Previous: $382M-35.0%
Stock-Based Comp

$3.72M

Previous: $4.47M-17.0%

Revenue & EPS history

Esperion · Revenue · Quarterly

$18.8M

Q4 2022+22.2%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Esperion · $15M total across 1 segment · Q4 2022

  • U.S. Net Product Revenue
    $15M+23.0%

Forward guidance

Esperion anticipates the CLEAR Outcomes data will improve clinical management for millions of patients and that NEXLETOL will deliver clinically meaningful reductions in hard endpoints.

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 Q4 2022

Historical avgQ4 2022

-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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