NASDAQ$VERA

Vera Therapeutics Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended June 30, 2021 and provided a corporate update.

Vera Therapeutics reported a net loss of $3.4 million, or a net loss per diluted share of $0.33, and cash and cash equivalents of $91.6 million.

  • Initiated patient enrollment for the dose-ranging Phase 2b ORIGIN trial, evaluating atacicept in IgAN patients.
  • Expanded the management team with the appointment of Sean Grant as Chief Financial Officer.
  • Reported $91.6 million in cash and cash equivalents as of June 30, 2021, including net proceeds from the company’s initial public offering.
  • Net loss was $3.4 million, or $0.33 per diluted share.

Headline financials

EPS (adj)

-$0.33

Previous: -$0.88+62.7%
Free Cash Flow

-$7.67M

No prior period
Net Income

-$3.4M

Previous: -$3.6M+5.7%
Operating Income

-$5.85M

Previous: -$3.17M-84.3%
Cash & Equivalents

$91.6M

No prior period
Total Assets

$97.6M

No prior period
Stock-Based Comp

$713K

No prior period

Revenue & EPS history

Vera · Revenue · Quarterly

$362K

Q3 2025-56.4%vs Q3 2024

Forward guidance

The press release contains forward-looking statements regarding the results of Vera’s Phase 2b ORIGIN trial.

Tailwinds

  • statements regarding the results of Vera’s Phase 2b ORIGIN trial
  • plans
  • will
  • anticipates
  • goal

Headwinds

  • risks and uncertainties associated with Vera’s business in general
  • the impact of the COVID-19 pandemic
  • the other risks described in Vera’s filings with the Securities and Exchange Commission.
  • Actual results could differ materially from those anticipated
  • involve assumptions that may never materialize or may prove to be incorrect

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 Q2 2021

Historical avgQ2 2021

+0.2%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+7.2%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+15.6%

Q1 2022

Best reaction

-13.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%+0.3%-11.8%
Q4 2025+1.5%-5.7%-6.8%
Q3 2025+4.6%+23.3%+86.3%
Q1 2025-13.5%-15.0%+20.0%
Q4 2024+1.3%-0.7%-22.1%
Q3 2024+0.3%+1.3%+1.1%
Q2 2024+0.9%+6.5%+4.3%
Q1 2024-8.1%-9.1%-14.3%
Q4 2023-1.3%-5.2%-12.5%
Q3 2023+5.4%+18.2%+18.9%
Q2 2023-0.1%-4.3%-0.1%
Q1 2023-1.7%+0.0%+0.9%
Q4 2022+4.4%+6.3%-14.2%
Q3 2022-3.2%-3.8%-2.1%
Q2 2022+7.8%+20.6%+11.4%
Q1 2022+15.6%+11.4%-8.5%
Q4 2021+10.2%+11.2%+5.2%
Q3 2021-11.6%-7.1%-3.3%
Q2 2021+0.3%+11.6%+80.6%
Q1 2021-7.6%-13.6%+11.0%
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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