NASDAQ$KNSA

Kiniksa Pharmaceuticals Ltd · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported third quarter 2022 financial results and provided a corporate update.

Kiniksa Pharmaceuticals reported strong ARCALYST performance in Q3 2022, driven by physician adoption, patient satisfaction, and payer access. The company is focused on positioning ARCALYST as the standard of care for recurrent pericarditis and is well-positioned to execute on synergistic growth opportunities across its portfolio.

  • ARCALYST Q3 2022 net revenue was $33.4 million.
  • RHAPSODY long-term extension data demonstrated continued rilonacept treatment response beyond 18 months (Hazard Ratio = 0.018, p<0.0001).
  • KPL-404 Phase 2 data in rheumatoid arthritis is expected in 1H 2024.
  • Cash reserves of $200.7 million are expected to fund operations into at least 2025.

Headline financials

Total Revenue

$99.1M

Previous: $12.1M+719.6%
EPS (adj)

$3.18

Previous: -$0.44+822.7%
Capital Expenditures

-$137K

Previous: -$164K+16.5%
Free Cash Flow

$224M

Previous: -$30.7M+829.3%
Net Income

$224M

Previous: -$30.5M+833.7%
Operating Income

$46.4M

Previous: -$30.7M+251.3%
Gross Profit

$87.6M

Previous: $9.33M+838.8%
Cash & Equivalents

$201M

Previous: $190M+5.5%
Total Assets

$460M

Previous: $253M+81.9%
Stock-Based Comp

$6.04M

Previous: $6.2M-2.5%

Revenue & EPS history

Kiniksa · Revenue · Quarterly

$99.1M

Q3 2022+719.6%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Kiniksa · $33.4M total across 1 segment · Q3 2022

  • ARCALYST
    $33.4M+176.0%

Forward guidance

Kiniksa expects ARCALYST net revenue for full-year 2022 to be between $115 million and $130 million and cash reserves are expected to fund the current operating plan into at least 2025.

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 2022

Historical avgQ3 2022

+5.3%

Avg return

Earnings day

+5.2%

Avg return

5 days after

+7.8%

Avg return

30 days after

55%

17 / 31 earnings

Positive

+45.8%

Q3 2021

Best reaction

-16.6%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.5%+26.7%+16.6%
Q4 2025-4.7%-6.1%-1.3%
Q3 2025-2.9%-8.8%+4.8%
Q1 2025+20.5%+28.8%+26.6%
Q4 2024+0.5%+3.3%+19.0%
Q3 2024-16.6%-18.5%-19.1%
Q2 2024+17.8%+22.1%+22.5%
Q1 2024+4.4%+4.6%+12.1%
Q4 2023+1.2%-3.4%-5.6%
Q3 2023-3.4%+3.3%+3.1%
Q2 2023+35.2%+26.8%+18.1%
Q1 2023+24.2%+24.7%+29.0%
Q4 2022-5.6%-7.8%-19.7%
Q3 2022+8.6%+21.7%+49.3%
Q2 2022+17.3%+29.9%+14.7%
Q1 2022+5.1%-6.8%-18.4%
Q4 2021-6.8%-3.4%-7.2%
Q3 2021+45.8%+41.8%+8.8%
Q2 2021-1.4%-5.4%-10.0%
Q1 2021-9.0%-11.4%-19.4%
Q4 2020-6.3%-11.9%-28.5%
Q3 2020-5.9%-7.2%+9.6%
Q2 2020+0.8%-1.2%-14.7%
Q1 2020-7.0%-9.2%-0.6%
Q4 2019-0.7%+6.1%-29.5%
Q3 2019+15.7%+24.5%+80.8%
Q2 2019-2.4%-12.1%-9.4%
Q1 2019+8.2%+2.6%+6.5%
Q4 2018-6.1%-0.2%+20.2%
Q3 2018+11.9%+5.1%+6.2%
Q2 2018+1.7%+3.5%+78.2%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro