NASDAQ$KROS

Keros Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Keros Therapeutics experienced increased research and development efforts and infrastructure expenses, leading to a net loss.

Keros Therapeutics reported a net loss of $27.3 million for the second quarter of 2022, driven by increased research and development and infrastructure expenses. The company's cash and cash equivalents totaled $215.6 million as of June 30, 2022, expected to fund operations into Q3 2024.

  • KER-050 Phase 2 study showed meaningful responses in MDS patients, with 44% of high transfusion burden patients achieving transfusion independence.
  • KER-012 Phase 1 data exhibited encouraging treatment profile with improvements in bone formation biomarkers.
  • Cash position was strengthened, extending cash runway into Q3 2024.
  • Keros remains on track to report additional data from KER-050 and KER-012 studies later this year.

Headline financials

Total Revenue

$0.00

Previous: $100K-100.0%
EPS (adj)

-$1.13

Previous: -$0.67-68.7%
Capital Expenditures

-$714K

Previous: -$720K+0.8%
Free Cash Flow

-$28M

Previous: -$16.3M-71.2%
Net Income

-$27.3M

Previous: -$15.6M-74.5%
Operating Income

-$30.7M

Previous: -$15.5M-97.7%
Cash & Equivalents

$216M

Previous: $237M-9.1%
Total Assets

$227M

Previous: $243M-6.9%
Stock-Based Comp

$4.79M

Previous: $2.85M+68.3%

Revenue & EPS history

Keros · Revenue · Quarterly

$0

Q2 2022-100%vs Q2 2021
Beat estimate in 2 of 5 quarters(40%)
ActualEstimate

Forward guidance

Keros expects that the cash and cash equivalents it had on hand at June 30, 2022 will fund its operating expenses and capital expenditure requirements into the third quarter of 2024.

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 Q2 2022

Historical avgQ2 2022

+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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