Cibus (CBUS) Scheduled to Post Earnings on Thursday

Cibus (NASDAQ:CBUS) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($1.01) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Cibus (NASDAQ:CBUS) last posted its quarterly earnings data on Thursday, March 21st. The company reported ($1.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.12) by ($0.04). The company had revenue of $1.10 million for the quarter, compared to the consensus estimate of $0.27 million. Cibus had a negative net margin of 14,729.06% and a negative return on equity of 22.70%. 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 %

CBUS opened at $17.68 on Tuesday. Cibus has a 1 year low of $8.90 and a 1 year high of $38.85. The stock has a 50-day moving average price of $18.52 and a 200-day moving average price of $16.62.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a “buy” rating and issued a $25.00 target price 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.