NASDAQ$ORIC

ORIC Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported financial results and operational updates for the quarter ended March 31, 2021.

ORIC Pharmaceuticals reported its first quarter 2021 financial results, highlighting the advancement of its oncology pipeline with upcoming data readouts and IND/CTA filings. The company's cash reserves are expected to fund operations into the second half of 2023.

  • Lead program ORIC-101 is on track for two initial Phase 1b data readouts in 2021.
  • Three IND/CTA filings for ORIC-533, -944, and -114 are expected in 2021.
  • Two abstracts highlighting preliminary results from the Phase 1b study of ORIC-101 in combination with nab-paclitaxel have been accepted for poster presentations during the 2021 ASCO Annual Meeting.
  • ORIC presented posters on four programs at the 2021 American Association for Cancer Research (AACR) virtual annual meeting.

Headline financials

EPS (adj)

-$0.45

Previous: -$4.46+89.9%
Net Income

-$16.5M

Previous: -$8.87M-86.1%
Operating Income

-$16.6M

Previous: -$9.18M-80.3%
Cash & Equivalents

$278M

Previous: $79.4M+250.3%

Revenue & EPS history

ORIC Pharmaceuticals · Revenue · Quarterly

$0

Q2 2025

Forward guidance

ORIC anticipates several milestones in 2021, including data reports from ORIC-101 trials and IND/CTA filings for ORIC-533, ORIC-944, and ORIC-114.

Tailwinds

  • ORIC-101: Report interim safety, efficacy, and translational data from ongoing combination trial with nab-paclitaxel at ASCO
  • ORIC-101: Report interim safety, efficacy, and translational data from ongoing combination trial with enzalutamide in the second half of 2021
  • ORIC-533: File an IND in the second quarter of 2021
  • ORIC-944: File an IND in the second half of 2021
  • ORIC-114: File a CTA in the second half of 2021

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 Q1 2021

Historical avgQ1 2021

+1.2%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+8.0%

Avg return

30 days after

57%

13 / 23 earnings

Positive

+14.7%

Q2 2023

Best reaction

-29.8%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+14.7%+14.9%+5.7%
Q3 2025+0.3%-5.8%-23.1%
Q2 2025-1.0%-7.9%+8.9%
Q1 2025+8.7%+25.8%+98.9%
Q4 2024+0.8%+2.1%-43.5%
Q3 2024-0.3%-17.5%-18.2%
Q1 2024-1.0%-7.4%-5.6%
Q4 2023-4.5%+0.7%-33.3%
Q3 2023-3.2%-11.9%+26.4%
Q2 2023+14.7%+13.8%+17.3%
Q1 2023-0.4%+0.1%+11.4%
Q4 2022+5.3%+14.8%+39.5%
Q3 2022+2.8%+17.9%+35.4%
Q2 2022+3.2%-2.1%-26.4%
Q1 2022-3.4%-4.4%+52.0%
Q4 2021-29.8%-33.0%-42.6%
Q3 2021+7.1%+8.4%-7.1%
Q2 2021+9.4%+13.6%+45.2%
Q1 2021+2.1%+6.1%-17.0%
Q4 2020-6.2%-7.6%-10.2%
Q3 2020+3.8%+4.4%+55.6%
Q2 2020+12.5%+12.4%+7.8%
Q1 2020-8.7%-11.3%+7.3%
Q3 2019
Q2 2019
Q1 2019

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