Cibus (CBUS) to Release Quarterly Earnings on Thursday

Cibus (NASDAQ:CBUS) will post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Cibus to post earnings of ($1.01) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Cibus (NASDAQ:CBUS) last posted its quarterly earnings results on Thursday, March 21st. The company reported ($1.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.12) by ($0.04). Cibus had a negative return on equity of 22.70% and a negative net margin of 14,729.06%. The firm had revenue of $1.10 million for the quarter, compared to analysts’ expectations of $0.27 million. On average, analysts expect Cibus to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Cibus Stock Up 3.6 %

Shares of CBUS opened at $17.68 on Tuesday. The stock’s 50 day moving average is $18.52 and its two-hundred day moving average is $16.62. Cibus has a twelve month low of $8.90 and a twelve month high of $38.85.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $25.00 price target on shares of Cibus in a research note on Friday, March 22nd.

Cibus Company Profile

Cibus, Inc, a agricultural biotechnology company, develops and licenses plant traits to seed companies for royalties. The company primarily focus on trait productivity in two areas, including productivity traits that enable farmers to have higher yields and reduce the use of the crop protection chemicals and fertilizers; and sustainable ingredients that enable corporations to replace ingredients that are fossil fuel based or whose production results in increased greenhouse gases.