NASDAQ$KLRS

Kalaris Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

AlloVir reported full-year financial results and provided 2023 outlook.

AlloVir reported its full-year 2022 financial results, highlighting the progress of its allogeneic, off-the-shelf, virus-specific T cell (VST) programs and providing an outlook for 2023 and into 2024. The company's cash position remains strong, with $233.8 million as of year-end 2022.

  • Enrollment completion of all three posoleucel Phase 3 registrational trials is expected by the end of 2023, with data readouts in 2024.
  • Positive final results were announced from a Phase 2 study of posoleucel in kidney transplant recipients with BK viremia.
  • The company plans to complete enrollment in its Phase 3 registrational studies during 2023, enabling data readouts in 2024.
  • Final data from a Phase 2 study evaluating posoleucel for the prevention of clinically significant viral infections in allo-HCT patients was presented at the ASH Annual Meeting and Exposition in December 2022.

Headline financials

EPS (adj)

-$0.37

Previous: -$0.92+59.8%
Net Income

-$169M

Previous: -$172M+1.9%
Operating Income

-$171M

Previous: -$55.8M-206.8%
Cash & Equivalents

$234M

Previous: $248M-5.8%
Total Assets

$277M

Previous: $287M-3.3%
Stock-Based Comp

$9.04M

Previous: $15.9M-43.0%

Revenue & EPS history

Allovir · Revenue · Quarterly

$0

Q3 2025

Forward guidance

AlloVir anticipates completing enrollment in Phase 3 registrational trials by the end of 2023, which would enable data readouts in 2024. For fiscal year 2023, AlloVir expects operating expenses to be in the range of $150 million to $170 million, excluding non-cash expenses.

Tailwinds

  • Completion of enrollment of all three posoleucel Phase 3 registrational trials anticipated by end of 2023
  • Data readouts in 2024
  • Global enrollment is ongoing in Phase 3 studies of posoleucel for the treatment of virus-associated hemorrhagic cystitis and adenovirus infection.
  • Both studies are expected to complete enrollment by year-end 2023, with topline data anticipated in 2024.
  • The company plans to present comprehensive results from the BKV Phase 2 study at a scientific congress later this year.

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 Q4 2022

Historical avgQ4 2022

+0.5%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+5.9%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+33.6%

Q2 2022

Best reaction

-23.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025-1.8%+6.9%+75.0%
Q2 2025-10.9%+0.4%+56.2%
Q2 2024-3.3%-5.7%+75.0%
Q1 2025-6.1%-2.8%+5.6%
Q4 2025-3.4%+4.2%-21.2%
Q3 2024-23.8%-23.0%-37.8%
Q1 2024-1.7%-1.4%+0.5%
Q4 2023+0.7%+2.5%+5.5%
Q3 2023+9.1%+9.1%+27.9%
Q2 2023+3.0%+0.3%+6.6%
Q1 2023+14.2%+13.0%+2.6%
Q4 2022-6.1%+5.5%-30.9%
Q3 2022+0.9%+9.1%+10.5%
Q2 2022+33.6%+37.7%+31.7%
Q1 2022+0.4%-23.8%-25.3%
Q4 2021+2.3%+3.6%-14.1%
Q3 2021-2.3%-3.0%-28.9%
Q2 2021+6.1%+0.6%+0.0%
Q1 2021+9.7%+5.0%+6.0%
Q4 2020+0.5%-2.5%-29.4%
Q3 2020-0.5%-6.3%+24.2%
Q2 2020-9.7%-20.6%-9.5%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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