NASDAQ$RPTX

Repare Therapeutics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended September 30, 2022.

Repare Therapeutics reported net income of $75.5 million, or $1.71 diluted earnings per share, and held $370.4 million in cash and cash equivalents and marketable securities as of September 30, 2022. The company believes this will be sufficient to fund planned operations into 2026.

  • Early Phase 1 clinical data readout for RP-6306 is expected in the first half of 2023
  • Camonsertib development is advancing with Roche under worldwide license and collaboration agreement
  • IND-enabling studies for RP-2119, a Polθ inhibitor, are currently underway and on track for trial start in summer 2023
  • Company is well positioned to advance clinical programs and portfolio, with $370.4 million in cash and cash equivalents and marketable securities and funding into 2026

Headline financials

Total Revenue

$113M

Previous: $278K+40383.8%
EPS (adj)

$1.71

Previous: -$0.83+306.0%
Capital Expenditures

$266K

Previous: $324K-17.9%
Free Cash Flow

$87.9M

Previous: -$33.1M+365.6%
Net Income

$75.5M

Previous: -$30.9M+344.4%
Operating Income

$73.4M

Previous: -$31.7M+331.7%
Cash & Equivalents

$155M

Previous: $261M-40.5%
Total Assets

$409M

Previous: $296M+38.4%
Stock-Based Comp

$5.05M

Previous: $3.69M+36.8%

Revenue & EPS history

Repare Therapeutics · Revenue · Quarterly

$113M

Q3 2022+40,383.8%vs Q3 2021
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

Repare Therapeutics is focused on advancing its pipeline of programs and initiating clinical trials for new molecules.

Tailwinds

  • Expected data readout for RP-6306 in the first half of 2023.
  • Initiation of clinical testing of a new carboplatin combination with RP-6306 in 2023.
  • Advancement of RP-2119, with clinical trials expected to start next summer.
  • Initiation of IND-enabling studies for an additional small molecule in the first half of 2023.
  • Collaboration with Roche for the development and commercialization of camonsertib.

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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