NASDAQ$ZNTL

Zentalis Pharmaceuticals Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Zentalis reported third quarter results, highlighted by clinical progress of ZN-c5 and ZN-c3, a clinical collaboration with Eli Lilly, and a follow-on offering.

Zentalis Pharmaceuticals reported a net loss of $34.7 million for the third quarter of 2020. The company's cash, cash equivalents, and marketable securities totaled $367.4 million as of September 30, 2020. The company made progress in its oncology pipeline, including ZN-c5 and ZN-c3, and entered a collaboration with Eli Lilly.

  • Announced topline data from the Phase 1 monotherapy dose escalation trial of ZN-c5, its investigational oral SERD, in patients with ER+/HER2- advanced breast cancer.
  • Entered into a clinical collaboration with Eli Lilly to evaluate ZN-c5 in combination with abemaciclib, a CDK4 and 6 inhibitor.
  • Raised an additional ~$166.0 million in gross proceeds from recent follow-on offering.
  • Preparing to initiate the Phase 2 trial in patients with ER+/HER2- advanced breast cancer in the first half of 2021.

Headline financials

EPS (adj)

-$0.91

Previous: -$0.68-33.1%
Capital Expenditures

$41K

No prior period
Free Cash Flow

-$20.6M

No prior period
Net Income

-$34.7M

Previous: -$12.3M-181.1%
Operating Income

-$34.8M

Previous: -$12.6M-176.3%
Cash & Equivalents

$367M

No prior period
Total Assets

$393M

No prior period
Stock-Based Comp

$7.25M

No prior period

Revenue & EPS history

Zentalis · Revenue · Quarterly

$400K

Q1 2026

Forward guidance

Zentalis expects that its existing cash, cash equivalents and marketable securities will enable the Company to fund its operating expenses and capital expenditure requirements into 2023.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-1.4%

Avg return

Earnings day

-2.0%

Avg return

5 days after

+0.8%

Avg return

30 days after

60%

15 / 25 earnings

Positive

+14.5%

Q1 2023

Best reaction

-43.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.1%-3.2%
Q1 2026+3.9%-1.7%-15.0%
Q3 2025+6.2%+0.8%+9.8%
Q2 2025+5.1%+2.2%+26.8%
Q1 2025-2.5%+3.3%+10.7%
Q4 2024-12.6%-15.0%-23.5%
Q3 2024-2.7%-13.9%-22.3%
Q2 2024-8.8%-12.5%-10.6%
Q1 2024+6.1%+7.0%-5.5%
Q4 2023+10.0%+8.5%+11.9%
Q3 2023-43.0%-45.0%-33.1%
Q2 2023+5.3%+11.2%-0.5%
Q1 2023+14.5%+22.8%+2.7%
Q4 2022+1.2%-2.1%-9.1%
Q3 2022-14.1%-4.3%-17.4%
Q2 2022-0.1%-7.3%-8.1%
Q1 2022-16.4%-24.7%+1.3%
Q4 2021+7.6%+5.7%-3.2%
Q3 2021+0.8%-1.0%-8.8%
Q2 2021+4.9%+7.1%+39.0%
Q1 2021-4.6%-1.3%-9.0%
Q4 2020+1.4%-0.7%+45.7%
Q3 2020-5.6%-2.1%+36.3%
Q2 2020+1.0%+7.2%-10.6%
Q1 2020+4.5%+8.2%+10.5%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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