NASDAQ$KROS

Keros Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Keros Therapeutics reported financial results for the third quarter of 2020.

Keros Therapeutics reported a net loss of $12.0 million in the third quarter of 2020. Research and development expenses were $8.4 million, and general and administrative expenses were $3.6 million. Cash and cash equivalents as of September 30, 2020, were $133.8 million.

  • Dosed the first patients in Phase 2 clinical trial of KER-050.
  • Regained worldwide rights to development programs in metabolic diseases.
  • Completed expanded Phase 1 clinical trial of KER-047.
  • Expects to have multiple ongoing Phase 2 clinical trials in 2021.

Headline financials

Total Revenue

$0.00

Previous: $2.5M-100.0%
EPS (adj)

-$0.60

Previous: -$0.40-50.2%
Capital Expenditures

-$234K

No prior period
Free Cash Flow

-$12.3M

No prior period
Net Income

-$12M

Previous: -$3.55M-239.1%
Operating Income

-$11.9M

Previous: -$2.33M-413.7%
Cash & Equivalents

$134M

No prior period
Total Assets

$138M

No prior period
Stock-Based Comp

$1.42M

No prior period

Revenue & EPS history

Keros · Revenue · Quarterly

$0

Q3 2020-100%vs Q3 2019
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Keros expects that the cash and cash equivalents it had on hand at September 30, 2020 will fund its operating expenses and capital expenditure requirements into the second half of 2022.

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 Q3 2020

Historical avgQ3 2020

+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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