NASDAQ$RPRX
Royalty Pharma PLC · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Royalty Pharma's third quarter results demonstrated strong growth and strategic advancements.
Royalty Pharma reported a strong third quarter with a 17% increase in net cash from operating activities and a 12% increase in adjusted cash receipts. The company also increased its 2020 guidance for adjusted cash receipts and announced $2.3 billion in new acquisitions for the year.
- Net cash provided by operating activities increased by 17% to $509 million.
- Adjusted Cash Receipts increased by 12% to $472 million.
- Adjusted Cash Flow grew by 27% to $394 million.
- $2.3 billion of new acquisitions were announced in 2020, including $1.1 billion in the third quarter.
Headline financials
Revenue & EPS history
Royalty Pharma · Revenue · Quarterly
$538M
Revenue by segment
Royalty Pharma · $452M total across 8 segments · Q3 2020
- Cystic Fibrosis Franchise$157M+35.3%34.7%
- Imbruvica$78M+16.4%17.3%
- Tysabri$77M-7.2%17.0%
- Other Products$59M+0.0%13.1%
- Promacta$40M+29.0%8.8%
- Xtandi$38M+18.8%8.4%
- Erleada$2M+0.0%0.4%
- Trodelvy$1M—0.2%
Forward guidance
Royalty Pharma updated guidance for full-year 2020, expecting Adjusted Cash Receipts (non-GAAP) excluding new transactions announced after the date of this release to be $1,780 million to $1,800 million. They also expect that payments for operating and professional costs will be approximately 10% of Adjusted Cash Receipts in 2020.
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
-0.6%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+0.9%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+6.8%
Q3 2025
Best reaction
-8.1%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -1.0% | +2.4% | +10.7% | |
| Q4 2025 | +0.1% | +2.2% | +3.3% | |
| Q3 2025 | +6.8% | +1.8% | +5.0% | |
| Q1 2025 | +0.9% | +0.2% | +3.1% | |
| Q4 2024 | +1.7% | +2.0% | +3.0% | |
| Q3 2024 | -3.7% | -4.3% | -5.9% | |
| Q2 2024 | -3.6% | -1.4% | +5.3% | |
| Q1 2024 | +0.4% | +0.3% | -1.9% | |
| Q4 2023 | +2.1% | +3.4% | +2.7% | |
| Q3 2023 | -0.5% | -1.6% | +3.7% | |
| Q2 2023 | -0.9% | -1.1% | -6.4% | |
| Q1 2023 | -4.7% | -2.7% | -2.8% | |
| Q4 2022 | -2.0% | -0.4% | -8.8% | |
| Q3 2022 | +1.6% | +3.7% | -0.1% | |
| Q2 2022 | -0.9% | +1.9% | -1.8% | |
| Q1 2022 | -8.1% | -12.8% | -6.2% | |
| Q4 2021 | +3.6% | +0.8% | +1.7% | |
| Q3 2021 | +1.5% | +5.3% | -4.6% | |
| Q2 2021 | +2.7% | +5.0% | +5.6% | |
| Q1 2021 | -2.2% | -1.8% | +12.4% | |
| Q4 2020 | -2.1% | +1.1% | -1.5% | |
| Q3 2020 | -1.6% | +2.8% | +10.3% | |
| Q2 2020 | -3.0% | -4.2% | -5.9% | |
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