NYSE$PCRX
Pacira BioSciences Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported preliminary net product sales for October 2021.
Pacira BioSciences reported preliminary unaudited net product sales for October 2021, with EXPAREL sales at $42.5 million and iovera° sales at $1.2 million. The company is confident in strong growth in the fourth quarter due to a reduction in pandemic-related challenges.
- EXPAREL net product sales reached $42.5 million in October 2021.
- iovera° net product sales were $1.2 million for October 2021.
- EXPAREL average daily sales for October 2021 were 109% of October 2020.
- The company anticipates topline annual growth in the high teens with operating margins exceeding 50% within 5 years.
Headline financials
Revenue & EPS history
Pacira · Revenue · Quarterly
$128M
Revenue by segment
Pacira · $43.7M total across 2 segments · Q3 2021
- EXPAREL$42.5M-62.8%97.3%
- iovera°$1.2M-56.0%2.7%
Forward guidance
Pacira BioSciences anticipates strong growth in the fourth quarter and expects to deliver topline annual growth in the high teens with operating margins that exceed 50 percent by the end of their 5-year planning period.
Tailwinds
- Reduction in pandemic-related challenges.
- Confident in outlook for strong growth in the fourth quarter.
- Integration planning continues to progress.
- ZILRETTA is expected to provide significant operational synergies.
- ZILRETTA is expected to provide accretion and growth potential.
Headwinds
- Elective surgery market normalization timeline is unclear.
- Potential for recurrence of restrictions on elective procedures due to COVID-19 variant strains.
- Financial information included is preliminary and unaudited.
- Financial information is subject to adjustment.
- Financial information does not present all information necessary for a complete understanding of financial results.
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 2021
+1.9%
Avg return
Earnings day
+2.1%
Avg return
5 days after
-1.2%
Avg return
30 days after
64%
37 / 58 earnings
Positive
+23.7%
Q3 2015
Best reaction
-16.2%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.4% | -1.4% | -7.7% | |
| Q4 2025 | -3.2% | +1.2% | +1.3% | |
| Q3 2025 | +4.6% | +13.1% | +13.7% | |
| Q1 2025 | +0.9% | -1.8% | +4.3% | |
| Q4 2024 | -5.2% | -7.4% | -1.9% | |
| Q3 2024 | +2.4% | +1.3% | +11.5% | |
| Q2 2024 | +1.4% | +4.4% | -24.6% | |
| Q1 2024 | +11.9% | +11.0% | +9.9% | |
| Q4 2023 | -3.5% | -1.6% | -2.3% | |
| Q3 2023 | +9.6% | +7.0% | -1.8% | |
| Q2 2023 | +7.6% | +5.9% | -1.3% | |
| Q1 2023 | -7.1% | -9.0% | -15.8% | |
| Q4 2022 | +5.9% | +2.7% | -1.9% | |
| Q3 2022 | -2.2% | -1.2% | -7.3% | |
| Q2 2022 | -3.5% | -1.0% | -4.4% | |
| Q1 2022 | +2.8% | +6.1% | -6.9% | |
| Q4 2021 | +7.3% | +2.0% | -16.5% | |
| Q3 2021 | -2.0% | -3.2% | -4.5% | |
| Q2 2021 | -6.1% | -3.7% | -7.2% | |
| Q1 2021 | +1.8% | +2.2% | -2.8% | |
| Q4 2020 | -6.7% | +0.7% | -6.3% | |
| Q3 2020 | +0.4% | +1.8% | +22.5% | |
| Q2 2020 | +4.0% | +6.9% | +7.9% | |
| Q1 2020 | +0.8% | +3.0% | +16.3% | |
| Q4 2019 | -4.4% | -8.7% | -38.0% | |
| Q3 2019 | +5.8% | +3.0% | +10.3% | |
| Q2 2019 | -3.1% | -8.4% | -18.1% | |
| Q1 2019 | +1.2% | +0.1% | -5.9% | |
| Q4 2018 | +3.8% | -3.8% | -6.3% | |
| Q3 2018 | +2.9% | +1.6% | -1.1% | |
| Q2 2018 | +11.3% | +10.2% | +16.1% | |
| Q1 2018 | -1.2% | -4.6% | -1.1% | |
| Q4 2017 | +4.8% | +2.2% | -0.2% | |
| Q3 2017 | +14.6% | +22.0% | +27.8% | |
| Q2 2017 | -3.4% | -6.6% | -2.9% | |
| Q1 2017 | +4.5% | +6.6% | -3.7% | |
| Q4 2016 | +13.0% | +10.9% | +4.3% | |
| Q3 2016 | -4.7% | -3.0% | -5.9% | |
| Q2 2016 | +16.1% | +21.1% | +4.1% | |
| Q1 2016 | -4.7% | — | — | |
| Q4 2015 | -6.0% | — | — | |
| Q3 2015 | +23.7% | — | — | |
| Q2 2015 | +13.2% | — | — | |
| Q1 2015 | -16.2% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | -12.3% | — | — | |
| Q2 2014 | +9.2% | — | — | |
| Q1 2014 | +6.4% | — | — | |
| Q4 2013 | +6.4% | — | — | |
| Q3 2013 | +6.1% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q1 2013 | +2.0% | — | — | |
| Q3 2012 | +0.2% | — | — | |
| Q2 2012 | +4.0% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q3 2011 | -9.7% | — | — | |
| Q2 2011 | +1.9% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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