Cibus Inc reports results for the quarter ended in December - Earnings Summary

Cibus

21/03/2024 21:01

* Cibus Inc  CBUS.OQ  reported a quarterly adjusted loss of
$12.59​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of
$-3.00.  The mean expectation of three analysts for the quarter
was for a loss of $1.43 per share. Wall Street expected
results to range from $-2.05 to $-1.03 per share.
    * Revenue rose 2,526.2% to $1.10 million from a year ago;
analysts
expected $384.50 thousand. 
    * Cibus Inc's reported EPS for the quarter was a loss of
$12.59​.
    * The company reported a quarterly loss of $217.11 million.
    * Cibus Inc shares had risen by 4.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Cibus Inc
is
$25.00 

This summary was machine generated from LSEG data March 21 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -1.43          -12.59         Missed
 Sep. 30 2023      -1.17          -1.59          Missed
 Jun. 30 2023      -0.30          -3.05          Missed
 Mar. 31 2023      -3.00          -5.45          Missed