NASDAQ$MRUS

Merus Nv · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Merus reported financial results for Q4 and full year 2019 and provided a business update.

Merus N.V. announced financial results for the fourth quarter and full year ended December 31, 2019. The company's cash, cash equivalents and marketable securities totaled $241.8 million at the end of 2019, and the company expects to be funded into 2022.

  • Encouraging, early clinical activity in zenocutuzumab program for NRG1+ cancers.
  • Phase 1/2 eNRGy trial enrollment continues for NRG1+ cancers.
  • Phase 2 interim analysis reported for metastatic breast cancer trial.
  • Cash runway extended, Merus expects to be funded into 2022 through first follow-on offering.

Headline financials

Total Revenue

$9.74M

Previous: $9.66M+0.8%
EPS (adj)

-$1.15

Previous: -$0.02-5650.0%
Net Income

-$55.2M

No prior period
Operating Income

-$58.7M

No prior period
Cash & Equivalents

$198M

No prior period
Total Assets

$263M

No prior period

Revenue & EPS history

Merus · Revenue · Quarterly

$9.74M

Q4 2019+0.8%vs Q4 2018
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Forward guidance

Based on the Company’s current operating plan, the Company expects its existing cash, cash equivalents and investments will be sufficient to fund its operations into 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

+0.5%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-0.7%

Avg return

30 days after

49%

19 / 39 earnings

Positive

+19.7%

Q3 2023

Best reaction

-16.2%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025-0.2%+0.2%+1.0%
Q2 2025-2.8%-4.2%+0.1%
Q1 2025-0.3%+0.4%+28.4%
Q4 2024+1.5%+3.6%-18.8%
Q3 2024-1.9%+0.8%-12.4%
Q2 2024-1.8%-5.8%-4.3%
Q1 2024-7.4%-5.8%+8.7%
Q4 2023-0.9%+2.3%-8.1%
Q3 2023+19.7%
Q2 2023-11.7%
Q1 2023+9.9%
Q4 2022+4.0%
Q3 2022-16.2%
Q2 2022-8.4%
Q1 2022+0.8%
Q4 2021+6.4%
Q3 2021+8.1%
Q2 2021+3.0%
Q1 2021-3.8%
Q4 2020+3.2%
Q3 2020-3.2%
Q2 2020-1.5%
Q1 2020+3.5%
Q4 2019+11.9%
Q3 2019-0.8%
Q2 2019+7.7%
Q1 2019+3.0%
Q4 2018+3.8%
Q3 2018+2.5%
Q2 2018-2.8%
Q1 2018-1.1%
Q4 2017+2.6%
Q3 2017-7.1%
Q2 2017+5.0%
Q1 2017+0.1%
Q4 2016-3.5%
Q3 2016+4.2%
Q2 2016-1.5%
Q1 2016-3.4%
Q4 2014
Q2 2014
Q1 2014

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