NASDAQ$SYRE

Spyre Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Aeglea BioTherapeutics reported financial results for Q4 2022 and provided program updates.

Aeglea BioTherapeutics reported Q4 2022 financial results, including development fee revenues of $0.2 million and a net loss of $18.8 million. The company's cash, cash equivalents, marketable securities, and restricted cash totaled $57.3 million as of December 31, 2022, expected to fund operations into Q4 2023.

  • Jeffrey Goldberg appointed president and CEO.
  • Senior management team strengthened with appointments of chief medical officer and chief product officer.
  • Cash, cash equivalents, marketable securities, and restricted cash totaled $57.3 million as of December 31, 2022, expected to fund operations into Q4 2023.
  • Received Fast Track Designation from the FDA for Pegtarviliase in Homocystinuria.

Headline financials

Total Revenue

$168K

Previous: $3.64M-95.4%
EPS (adj)

-$4.50

Previous: -$7.75+41.9%
Free Cash Flow

-$18.1M

Previous: -$19.3M+5.9%
Net Income

-$18.8M

Previous: -$20.4M+8.1%
Operating Income

-$19.3M

Previous: -$20.4M+5.6%
Gross Profit

$168K

Previous: $3.64M-95.4%
Cash & Equivalents

$34.9M

Previous: $15.1M+130.2%
Total Assets

$71.1M

Previous: $110M-35.3%
Stock-Based Comp

$1.43M

Previous: $2.09M-31.9%

Revenue & EPS history

Spyre · Revenue · Quarterly

$168K

Q4 2022-95.4%vs Q4 2021
Beat estimate in 4 of 10 quarters(40%)
ActualEstimate

Forward guidance

Aeglea expects its cash, cash equivalents and marketable securities will enable it to fund its operating expenses and capital expenditure requirements into the fourth quarter of 2023.

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 Q4 2022

Historical avgQ4 2022

-0.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+2.3%

Avg return

30 days after

44%

17 / 39 earnings

Positive

+14.6%

Q4 2023

Best reaction

-10.9%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+7.6%+3.6%
Q3 2025+0.5%+4.6%+49.4%
Q1 2025-2.0%-0.7%+13.2%
Q4 2024+7.2%+6.0%-2.3%
Q3 2024+5.6%-4.4%-27.7%
Q2 2024-3.0%-6.6%+7.4%
Q1 2024+11.8%+19.0%+2.0%
Q4 2023+14.6%+44.3%+45.3%
Q3 2023-2.2%+10.8%+102.2%
Q2 2023-10.3%-12.0%+6.7%
Q1 2023-6.6%-9.1%-18.3%
Q4 2022-0.3%+2.0%-26.6%
Q3 2022-9.0%+3.7%-59.0%
Q2 2022+7.7%+5.9%+33.3%
Q1 2022-10.9%-5.8%-60.0%
Q4 2021+0.4%-14.6%+14.2%
Q3 2021-5.4%-5.8%-22.5%
Q2 2021-0.6%-3.3%+12.1%
Q1 2021+2.2%+4.4%-8.1%
Q4 2020+1.7%+9.7%+5.3%
Q3 2020+4.5%+22.1%+3.5%
Q2 2020-6.7%-4.7%+3.2%
Q1 2020+10.6%-4.5%+24.0%
Q4 2019-8.3%-13.2%-40.2%
Q3 2019-4.3%-2.2%-4.1%
Q2 2019-4.1%-3.8%-0.5%
Q1 2019-1.9%-2.1%-8.7%
Q4 2018-0.7%+3.1%+8.8%
Q3 2018+0.2%-13.0%-13.3%
Q2 2018+4.8%+1.2%-3.4%
Q1 2018+3.5%+0.6%+4.0%
Q4 2017-1.4%+23.7%+20.5%
Q3 2017-4.9%+4.5%+0.0%
Q2 2017-6.3%-7.2%+34.8%
Q1 2017-2.2%-2.0%-43.4%
Q4 2016-4.4%-6.9%-8.7%
Q3 2016-1.2%+1.3%-7.5%
Q2 2016+1.1%-1.9%+48.2%
Q1 2016+0.7%

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