earnings
confidence high
sentiment neutral
materiality 0.55
Erasca Q3 net loss $30.6M, cash $362M; patent issued for pan-RAS drug ERAS-0015
Erasca, Inc.
2025-Q3 EPS
reported -$0.34
vs consensus -$0.11
▼ miss
(-222.6%)
- Net loss $30.6M ($0.11/sh) vs $31.2M in Q3 2024; R&D down to $22.5M from $27.6M.
- Cash $362.4M as of Sep 30, 2025 (down from $440.5M Dec 31); runway into H2 2028.
- U.S. composition of matter patent issued for ERAS-0015 covering composition through Sep 2043.
- Promoted Robert Shoemaker, Ph.D., from SVP research to chief scientific officer.
- Initial Phase 1 monotherapy data for ERAS-0015 and ERAS-4001 expected in 2026.