NASDAQ$XNCR

Xencor Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Xencor reported financial results, highlighted XmAb564 clinical data, and reviewed recent business activities.

Xencor reported Q3 2022 financial results, with total revenue of $27.3 million and a net loss of $32.8 million, or $(0.55) per share. The company's cash, cash equivalents, receivables, and marketable debt securities totaled $654.6 million as of September 30, 2022. Xencor also announced initial results from its Phase 1a study of XmAb564, which showed promising tolerability and T-cell expansion.

  • Xencor's XmAb technologies enable addressing challenging areas of biology and portfolio growth.
  • XmAb564 showed encouraging data with selective T-cell increases and tolerability.
  • New data from vudalimab and plamotamab clinical programs will be presented.
  • Xencor is committed to development plans for bispecific antibodies and advancing potency-reduced cytokines.

Headline financials

Total Revenue

$27.3M

Previous: $19.7M+38.7%
EPS (adj)

-$0.55

Previous: -$0.69+20.3%
Total Shares Outstanding

59.8M

No prior period
Capital Expenditures

-$28.5M

Previous: -$6.98M-308.8%
Free Cash Flow

-$61.3M

Previous: -$47.2M-29.9%
Net Income

-$32.8M

Previous: -$40.2M+18.5%
Operating Income

-$38.3M

Previous: -$41.3M+7.1%
Gross Profit

$18.3M

Previous: $18.3M+0.0%
Cash & Equivalents

$52.7M

Previous: $41.2M+27.8%
Total Assets

$835M

Previous: $697M+19.8%
Stock-Based Comp

$12.8M

Previous: $8.94M+42.7%

Revenue & EPS history

Xencor · Revenue · Quarterly

$27.3M

Q3 2022+38.7%vs Q3 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Xencor expects to have cash to fund research and development programs and operations through the end of 2025 and expects to end 2022 with between $575 million and $600 million in cash, cash equivalents, receivables and marketable debt securities.

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 Q3 2022

Historical avgQ3 2022

-0.1%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-0.1%

Avg return

30 days after

48%

25 / 52 earnings

Positive

+11.3%

Q2 2018

Best reaction

-16.6%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%-0.5%-8.4%
Q4 2025+1.5%+4.1%-3.3%
Q3 2025-2.4%+3.5%+20.4%
Q1 2025+0.2%-4.6%+12.3%
Q3 2024+7.7%+8.3%+17.8%
Q2 2024-6.9%-16.4%-13.3%
Q1 2024-5.0%-13.9%-8.1%
Q4 2023-11.9%-7.9%-14.5%
Q3 2023-6.3%-7.3%+9.8%
Q2 2023+2.8%+1.4%-4.6%
Q1 2023-2.2%-2.4%-1.6%
Q4 2022-3.2%-6.1%-18.3%
Q3 2022+8.6%+9.0%+9.9%
Q2 2022+2.3%+1.4%-8.5%
Q1 2022-1.0%-2.5%-16.7%
Q4 2021+1.3%-2.4%-12.3%
Q3 2021-7.0%-6.4%-13.3%
Q2 2021+2.9%-2.3%+7.8%
Q1 2021-2.4%-6.3%-10.4%
Q4 2020-1.3%+0.3%-10.8%
Q3 2020-8.7%-3.9%-5.7%
Q2 2020-3.2%+1.0%+6.6%
Q1 2020+7.1%+7.3%-3.2%
Q4 2019-8.8%-7.6%-18.2%
Q3 2019-1.0%-1.0%+20.9%
Q2 2019-16.6%-15.6%-18.9%
Q1 2019+10.7%+4.9%-3.5%
Q4 2018-3.1%-0.8%+1.3%
Q3 2018+6.2%-0.3%+3.7%
Q2 2018+11.3%+10.0%+10.1%
Q1 2018-2.5%+4.4%+38.4%
Q4 2017+4.8%+0.9%+2.6%
Q3 2017+2.1%+4.6%+10.7%
Q2 2017+4.7%-3.9%-1.9%
Q1 2017-6.8%-6.3%-12.0%
Q4 2016+7.6%+5.5%-5.6%
Q3 2016-11.0%-4.7%+24.9%
Q2 2016+9.4%+16.0%+10.7%
Q1 2016-2.9%
Q4 2015+11.2%
Q3 2015+4.6%
Q2 2015-2.2%
Q1 2015-5.5%
Q4 2012+1.8%
Q4 2014-0.9%
Q3 2014+3.6%
Q3 2013+3.6%
Q2 2013+1.7%
Q2 2014+2.6%
Q4 2013-1.6%
Q1 2013-1.6%
Q1 2014-2.3%
Q3 2012

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