NASDAQ$KROS

Keros Therapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Keros reported financial results for the quarter ended March 31, 2023.

Keros Therapeutics reported a net loss of $35.8 million in the first quarter of 2023, compared to a net loss of $24.2 million in the first quarter of 2022. The company's cash and cash equivalents totaled $351.4 million as of March 31, 2023.

  • Keros is on track to report additional data from multiple clinical trials this year.
  • Cash position strengthened through the sale of additional shares of common stock.
  • Keros appointed Dr. Alpna Seth, Ph.D., to its board of directors in May 2023.
  • Keros will present three poster abstracts from its KER-012 program at the American Thoracic Society (“ATS”) 2023 International Conference.

Headline financials

EPS (adj)

-$1.26

Previous: -$1.01-24.8%
Capital Expenditures

$1.06M

Previous: $147K+622.4%
Free Cash Flow

-$35.3M

Previous: -$1.57M-2142.5%
Net Income

-$35.8M

Previous: -$24.2M-48.0%
Operating Income

-$38.9M

Previous: -$24.1M-61.1%
Cash & Equivalents

$351M

Previous: $229M+53.7%
Total Assets

$384M

Previous: $235M+63.5%
Stock-Based Comp

$5.69M

Previous: $4.39M+29.6%

Revenue & EPS history

Keros · Revenue · Quarterly

$32K

Q1 2026-100%vs Q1 2025
Beat estimate in 2 of 5 quarters(40%)
ActualEstimate

Forward guidance

Keros expects that the cash and cash equivalents it had on hand at March 31, 2023 will enable Keros to fund its operating expenses and capital expenditure requirements into the fourth quarter of 2025.

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 Q1 2023

Historical avgQ1 2023

+0.4%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+5.0%

Avg return

30 days after

42%

10 / 24 earnings

Positive

+34.0%

Q3 2021

Best reaction

-15.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.5%-17.4%-15.4%
Q4 2025-15.0%-15.9%-12.9%
Q3 2025+3.4%+8.0%+38.6%
Q1 2025+0.7%+0.1%-3.3%
Q4 2024+0.6%+5.9%-1.4%
Q3 2024+7.3%+8.9%+11.9%
Q2 2024-8.9%-8.0%+7.7%
Q1 2024-1.8%-8.0%-17.0%
Q4 2023-3.6%-1.4%-5.4%
Q3 2023-0.3%-7.4%+4.8%
Q2 2023-10.3%-12.9%-12.9%
Q1 2023-2.6%-2.3%+8.6%
Q4 2022-6.4%-3.6%-23.4%
Q3 2022-2.0%-9.2%+3.2%
Q2 2022+14.7%+13.5%+10.6%
Q1 2022-12.5%-15.5%-36.5%
Q4 2021+8.7%-3.5%+29.9%
Q3 2021+34.0%+43.0%+30.3%
Q2 2021+5.5%+2.6%-3.7%
Q1 2021-2.4%-6.9%-13.5%
Q4 2020+4.4%+6.6%+14.0%
Q3 2020-0.9%+8.1%+41.4%
Q2 2020+7.1%+12.8%+23.6%
Q1 2020-2.0%+4.0%+41.0%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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