mRNA-based therapy
Search documents
Can Moderna Keep the Beat Streak Alive This Earnings Season?
ZACKSยท 2025-04-25 17:00
Core Viewpoint - Moderna is expected to report first-quarter 2025 earnings on May 1, with a consensus estimate of $127 million in sales and a loss of $2.91 per share, reflecting a significant decline in revenue primarily due to lower demand for its COVID-19 vaccine [1][2]. Revenue Expectations - The majority of Moderna's revenue is anticipated to come from COVID-19 vaccine sales, estimated at $112 million, which indicates a substantial decrease from the previous year [1]. - Minimal sales are expected from the RSV vaccine mResvia, projected at $10 million, significantly lower than competitors' products [2]. Regulatory Filings and Approvals - Moderna submitted three regulatory filings to the FDA in Q4 2024, including requests for approval of mRNA-1283 (next-generation COVID-19 vaccine) and mRNA-1083 (COVID-19 plus influenza combination vaccine), with decisions expected by May 31 and June 12, respectively [3]. - mResvia is currently approved for older adults, and a label expansion for high-risk adults is under review [3]. Clinical Development Pipeline - The company is advancing over 40 mRNA-based investigational candidates across various clinical stages, including late-stage studies for mRNA-4157 (cancer therapy), mRNA-1647 (CMV vaccine), mRNA-1010 (influenza vaccine), and mRNA-1403 (norovirus vaccine) [4]. - mRNA-4157 is being evaluated in collaboration with Merck in pivotal phase III studies for melanoma and non-small cell lung cancer [5][6]. Earnings Performance - Moderna has consistently beaten earnings estimates over the past four quarters, with an average surprise of 31.79% [7]. - Year-to-date, Moderna's shares have declined by 34%, contrasting with a 6% decline in the broader industry [7]. Earnings Prediction - Current models do not predict a definitive earnings beat for Moderna, with an Earnings ESP of -8.13% and a Zacks Rank of 3 (Hold) [10].