NASDAQ$RPTX

Repare Therapeutics Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Repare Therapeutics reported financial results for the second quarter ended June 30, 2021 and provided a business update.

Repare Therapeutics announced the dosing of the first patient in its Phase 1b/2 ATTACC trial of RP-3500 and PARP inhibitor combinations, as well as the dosing of the first patient in the RP-6306 Phase 1 clinical trial. The company's cash and cash equivalents, restricted cash, and marketable securities totaled $301.0 million as of June 30, 2021.

  • Dosed first patient in Phase 1b/2 ATTACC clinical trial of ATR inhibitor RP-3500 and PARP inhibitor combinations.
  • Planned disclosure of initial monotherapy data from the Phase 1/2 TRESR RP-3500 clinical trial early in 4Q21.
  • Announced dosing of first patient in RP-6306 Phase 1 clinical trial.
  • Progressed towards first druggable target option exercise in Bristol Myers Squibb collaboration.

Headline financials

Total Revenue

$279K

No prior period
EPS (adj)

-$0.71

Previous: -$2.45+71.0%
Capital Expenditures

$429K

No prior period
Free Cash Flow

-$18.5M

No prior period
Net Income

-$26.3M

Previous: -$11.8M-122.9%
Operating Income

-$26.7M

No prior period
Cash & Equivalents

$294M

Previous: $370M-20.6%
Total Assets

$321M

Previous: $382M-16.0%
Stock-Based Comp

$3.18M

No prior period

Revenue & EPS history

Repare Therapeutics · Revenue · Quarterly

$279K

Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Repare Therapeutics is focused on the clinical development of its pipeline, research and development programs, and its collaboration with Bristol Myers Squibb.

Tailwinds

  • Clinical development of RP-3500 and RP-6306.
  • Research and development programs focused on genomic instability and DNA damage repair.
  • Collaboration with Bristol Myers Squibb to discover and develop novel therapeutics.
  • Advancement of a Polθ inhibitor program.
  • Continued progress in early-stage, pre-clinical programs.

Headwinds

  • Impacts of the COVID-19 pandemic on the Company’s business, clinical trials and financial position.
  • Unexpected safety or efficacy data observed during preclinical studies or clinical trials.
  • Clinical trial site activation or enrollment rates that are lower than expected.
  • Changes in expected or existing competition.
  • Unexpected litigation or other disputes.

Historical earnings impact

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

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

+3.3%

Avg return

5 days after

-0.1%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+19.7%

Q2 2023

Best reaction

-13.5%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-2.4%+27.5%+26.3%
Q2 2025+0.0%+3.3%+11.2%
Q1 2025+3.8%+0.0%+9.1%
Q4 2024-1.7%+0.9%-9.4%
Q3 2024-0.6%-4.4%-13.5%
Q2 2024-4.8%-8.3%-11.9%
Q1 2024+11.5%+7.7%+17.4%
Q4 2023+4.4%-0.6%-29.9%
Q3 2023-6.6%
Q2 2023+19.7%
Q1 2023+1.5%
Q4 2022+2.0%
Q3 2022+7.7%
Q2 2022+0.2%
Q1 2022-9.2%
Q4 2021+0.4%
Q3 2021+2.2%
Q2 2021-0.2%
Q1 2021+0.5%
Q4 2020-13.5%
Q3 2020-2.3%
Q2 2020+2.6%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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