NASDAQ$FULC

Fulcrum Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported business highlights and financial results for the third quarter of 2020.

Fulcrum Therapeutics reported progress in their ReDUX4 trial and are on track to begin dosing Phase 1 trial with FTX-6058 for sickle cell disease before YE 2020. They also announced key appointments to the management team and reported a cash runway into 2Q 2022.

  • ReDUX4 trial progressing with full data expected in 2Q 2021.
  • On track to begin dosing Phase 1 trial with FTX-6058 for sickle cell disease before YE 2020.
  • Cash runway into 2Q 2022.
  • Key appointments to management team.

Headline financials

Total Revenue

$1.85M

No prior period
EPS (adj)

-$0.70

Previous: -$0.97+27.8%
Capital Expenditures

-$870K

No prior period
Free Cash Flow

-$19.8M

No prior period
Net Income

-$19M

No prior period
Operating Income

-$19.1M

No prior period
Cash & Equivalents

$127M

No prior period

Revenue & EPS history

Fulcrum Therapeutics · Revenue · Quarterly

$1.85M

Q3 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Fulcrum Therapeutics expects that its existing cash, cash equivalents, and marketable securities will be sufficient to enable it to fund its operating expenses and capital expenditure requirements into the second quarter of 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+5.2%

Avg return

Earnings day

+6.3%

Avg return

5 days after

+12.3%

Avg return

30 days after

62%

16 / 26 earnings

Positive

+142.5%

Q2 2021

Best reaction

-54.6%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-21.1%-23.0%-36.3%
Q3 2025-6.6%-9.8%+9.4%
Q1 2025+13.8%+39.0%+78.6%
Q4 2024+0.0%-3.0%-16.5%
Q3 2024-8.8%-16.8%+8.8%
Q2 2024+7.1%+0.6%+1.7%
Q1 2024+5.9%+1.1%+3.2%
Q4 2023+6.1%+12.9%-3.0%
Q3 2023+16.2%-2.5%+38.2%
Q2 2023+3.4%+5.5%+49.7%
Q1 2023+16.2%-0.6%-7.6%
Q4 2022-28.0%-36.6%-62.0%
Q3 2022+23.9%+27.3%+9.4%
Q2 2022+8.4%-6.2%+7.1%
Q1 2022-12.5%-4.1%-3.8%
Q4 2021+17.4%+37.8%+113.9%
Q3 2021-2.3%-4.9%-31.5%
Q2 2021+142.5%+175.3%+233.9%
Q1 2021+4.1%+3.7%-13.2%
Q4 2020-17.7%-17.4%-17.8%
Q3 2020+8.6%+16.9%+22.3%
Q2 2020-54.6%-55.5%-54.7%
Q1 2020+7.9%+18.9%+16.5%
Q4 2019-2.2%-27.8%-49.4%
Q3 2019+1.3%+27.7%+48.9%
Q2 2019+7.2%+6.1%-25.5%
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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