Enanta Pharmaceuticals Reports Financial Results for its Fiscal Fourth Quarter and Year Ended September 30, 2019

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Enanta Pharma (ENTA) Misses Q4 EPS by 9c, Revenues Miss

November 21, 2019 4:01 PM EST

Enanta Pharma (NASDAQ: ENTA) reported Q4 EPS of $0.44, $0.09 worse than the analyst estimate of $0.53. Revenue for the quarter came in at $51.3 million versus the consensus estimate of $55.94 million.

Initiation of RSVP, a Phase 2b study of EDP-938 in adult outpatients with RSVEDP-297 selected as follow-on FXR agonist with differentiated preclinical profileRoyalty revenue for the quarter was $51.3 millionCash and marketable securities totaled approximately $400 million at September 30, 2019

During 2019, we successfully... More