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NASDAQ:ERAS

Erasca Q2 2024 Earnings Report

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$11.50 +0.26 (+2.31%)
As of 04:00 PM Eastern

Erasca EPS Results

Actual EPS
-$0.29
Consensus EPS
-$0.17
Beat/Miss
Missed by -$0.12
One Year Ago EPS
N/A

Erasca Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Erasca Announcement Details

Quarter
Q2 2024
Time
After Market Closes
Conference Call Date
Monday, August 12, 2024
Conference Call Time
4:00PM ET

Upcoming Earnings

Erasca's Q2 2026 earnings is estimated for Tuesday, August 11, 2026, based on past reporting schedules, with a conference call scheduled on Monday, August 10, 2026 at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Erasca Earnings Headlines

One page of the SpaceX S-1 will move this stock overnight
When SpaceX files its S-1 in June, the SEC will require full disclosure of operating expenses - including power consumption for 1 million GPUs, a cost that rivals entire cities. That disclosure will name the supplier. One small, publicly traded power infrastructure company sits at the center of this - carrying a $1.5 billion backlog and priced like a utility. Dylan Jovine has the full breakdown.tc pixel
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About Erasca

Erasca (NASDAQ:ERAS) is a clinical‐stage biopharmaceutical company dedicated to the discovery and development of precision medicines for patients with cancer. The company focuses on small molecule therapeutics that target critical signaling pathways involved in tumor growth and survival, with a primary emphasis on inhibitors of the MAPK pathway. Erasca’s approach is designed to deliver oral, targeted therapies that address both oncogene‐driven and immuno‐oncology indications, aiming to improve outcomes for patients with unmet medical needs.

Erasca’s pipeline comprises multiple development candidates, including small molecule inhibitors engineered to disrupt key nodes in cancer cell signaling. Among these are selective RAF dimer inhibitors and pan‐RAF inhibitors, which are being evaluated in various solid tumors harboring KRAS and BRAF mutations. The company employs a translational research strategy that integrates preclinical modeling, biomarker identification and early clinical proof‐of‐concept studies, enabling efficient progression of assets from the lab to first‐in‐human trials.

Headquartered in San Diego, California, Erasca conducts its research and development activities in collaboration with leading academic institutions and clinical sites across North America and Europe. By leveraging a global network of investigators and trial centers, the company advances its candidates through multi‐site clinical studies, gathering data on safety, pharmacokinetics and preliminary efficacy in diverse patient populations.

Founded in 2016, Erasca is led by Jack Bailey, Chief Executive Officer, who brings more than two decades of experience in oncology research and drug development. The company’s leadership team combines expertise in medicinal chemistry, translational biology and clinical operations, positioning Erasca to advance its mission of delivering innovative cancer therapies to patients worldwide.

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