NASDAQ$OKUR

OnKure Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial results for the second quarter of 2022.

Reneo Pharmaceuticals reported a net loss of $12.3 million, or $0.50 per share, for the three months ended June 30, 2022. The company had approximately $127 million in cash, cash equivalents and short-term investments as of June 30, 2022.

  • Reported positive results from REN001 Phase 1b long-chain fatty acid oxidation disorders (LC-FAOD) study
  • Announced plans to initiate a third REN001 program in primary mitochondrial myopathies (PMM) patients with nuclear DNA (nDNA) defects
  • Roshawn Blunt was appointed to the Board of Directors
  • Two-thirds enrollment in the pivotal STRIDE study was achieved, gaining alignment on the planned registration plan in Europe

Headline financials

EPS (adj)

-$0.51

Previous: $14.17-103.6%
Capital Expenditures

$24K

Previous: $6K+300.0%
Free Cash Flow

-$12M

Previous: -$9.71M-23.4%
Net Income

-$12.3M

Previous: -$9.2M-33.7%
Operating Income

-$12.4M

Previous: -$9.23M-34.7%
Cash & Equivalents

$118M

Previous: $140M-15.7%
Total Assets

$134M

Previous: $171M-22.0%
Stock-Based Comp

$1.01M

Previous: $854K+17.8%

Revenue & EPS history

Reneo Pharmaceuticals · Revenue · Quarterly

$458K

Q1 2026
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

The company anticipates completion of enrollment in the pivotal STRIDE study by year-end 2022 and meetings with regulatory agencies to discuss LC-FAOD and nDNA PMM programs in 4Q22/1Q23.

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 Q2 2022

Historical avgQ2 2022

+2.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.6%

Avg return

30 days after

52%

11 / 21 earnings

Positive

+21.2%

Q2 2025

Best reaction

-10.3%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-15.0%-6.3%
Q3 2025-5.5%-2.5%-3.2%
Q2 2025+21.2%+24.6%+20.2%
Q1 2025+12.5%+7.5%+21.0%
Q4 2024+3.7%+4.8%-40.0%
Q3 2024+3.2%+1.8%-16.7%
Q2 2024+9.7%+15.7%+5.2%
Q1 2024+2.4%+3.0%+0.6%
Q4 2023+3.0%+3.6%+1.2%
Q3 2023-0.9%+5.6%+21.1%
Q2 2023-6.3%-15.1%+7.1%
Q1 2023-1.4%-0.9%+79.3%
Q4 2022-10.3%-1.0%+65.1%
Q3 2022-3.0%-8.6%-35.4%
Q2 2022-3.0%+4.1%+34.6%
Q1 2022-5.9%-10.8%-28.2%
Q4 2021-1.4%-6.8%-34.7%
Q3 2021+14.8%+5.7%-13.2%
Q2 2021+0.1%-3.2%+2.0%
Q4 2020+7.5%+2.9%-2.3%
Q1 2021+7.5%+2.9%-2.3%

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