Cibus (CBUS) to Release Quarterly Earnings on Thursday

Cibus (NASDAQ:CBUS) is scheduled to release its earnings data after the market closes on Thursday, May 9th. Analysts expect Cibus to post earnings of ($1.01) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Cibus (NASDAQ:CBUS) last issued its earnings results on Thursday, March 21st. The company reported ($1.16) earnings per share 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 during 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 Trading Up 0.4 %

CBUS stock opened at $17.11 on Thursday. The company has a market cap of $369.92 million, a PE ratio of -0.75 and a beta of 1.92. The stock has a 50-day moving average price of $18.56 and a two-hundred day moving average price of $16.69. Cibus has a 12-month low of $8.90 and a 12-month high of $38.85.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and set a $25.00 target price on shares of Cibus in a report 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.