MIRATI THERAPEUTICS INC (MRTX) Earnings History & Surprises

NASDAQ:MRTXUS60468T1051

Current stock price

58.7 USD
-0.1 (-0.17%)
At close:
58.99 USD
+0.29 (+0.49%)
After Hours:

MRTX Earnings overview

Past quarterly earnings results for MIRATI THERAPEUTICS INC (MRTX), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
Feb 26, 2024
Period
Q4 / 2023
EPS Estimate
-$2.67
Revenue Estimate
25.741M

Last Reported

Most Recent
Release Date
Nov 6, 2023
Period
Q3 / 2023
EPS Reported
-$2.49
EPS Surprise
14.01%
Revenue Surprise
-13.55%

Beat Rate

Last 8 Quarters
69%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q3 2023 -2.49 -2.90 14.01% 19.42% 16.4M 18.97M -13.55% 202.03%
Q2 2023 -3.04 -3.23 6.02% 4.40% 13.69M 13.78M -0.65% 155.41%
Q1 2023 -3.18 -3.62 12.21% 6.47% 7.17M 4.874M 47.11% 909.86%
Q4 2022 -3.51 -3.62 3.16% 5.65% 930K 2.318M -59.88% 210.00%
Q3 2022 -3.09 -3.55 12.84% -99.35% 5.43M 1.285M 322.57% -92.44%
Q2 2022 -3.18 -3.56 10.56% 1.55% 5.36M 351.9K 1,423.16% -
Q1 2022 -3.40 -3.56 4.40% -27.34% 710K 159.375K 345.49% -
Q4 2021 -3.72 -3.06 -21.42% -78.85% 300K 2.068M -85.49% -82.46%
Q3 2021 -1.55 -2.94 47.35% 20.92% 71.79M 10.838M 562.39% 528.63%
Q2 2021 -3.23 -2.45 -31.90% -70.90% 6.758M -100.00% -
Q1 2021 -2.67 -2.18 -22.64% -32.18% 141.668K -100.00% -100.00%
Q4 2020 -2.08 -2.28 8.70% - 1.71M 276.247K 519.01% -
Q3 2020 -1.96 -2.01 2.64% - 11.42M 2.748M 315.57% -
Q2 2020 -1.89 -2.13 11.41% - 785.869K -100.00% -
Q1 2020 -2.02 -1.70 -19.06% - 270K 270.3K -0.11% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

MRTX EPS Q2Q GrowthMRTX EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 0 20 -20 -40 -60 -80

Revenue Historical Q2Q growth and Acceleration

MRTX Revenue Q2Q GrowthMRTX Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q4/21 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 0 500 1K 1.5K 2K 2.5K

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
8.85%
Max EPS beat (4)
14.01%
Min EPS beat (4)
3.16%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-6.74%
Max Revenue beat (4)
47.11%
Min Revenue beat (4)
-59.88%

Analysis

In the last 4 quarters, MRTX has consistently beaten EPS estimates in all releases
MRTX has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, MRTX has beaten the EPS estimates by 8.8% on average.
In the last 4 quarters, MRTX reported -6.7% below the revenue estimates on average.

MIRATI THERAPEUTICS INC / MRTX Earnings FAQ

What is the most recent earnings date for MRTX stock?

MIRATI THERAPEUTICS INC (MRTX) last reported earnings on 11/6/2023.

Can you provide information on whether MIRATI THERAPEUTICS INC beat earnings estimates in the last quarter?

MIRATI THERAPEUTICS INC (MRTX) beat EPS estimates and missed revenue estimates in the most recent quarter.

How often does MIRATI THERAPEUTICS INC (MRTX) beat earnings estimates?

In the last 4 quarters, MIRATI THERAPEUTICS INC (MRTX) has beaten EPS estimates in 4 out of 4 releases.