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

Cibus

10/05/2024 02:06

* Cibus Inc  CBUS.OQ  reported a quarterly adjusted loss of
$1.12​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$-5.45.  The lone analyst forecast for the quarter was for a
loss of $1.01 per share. 
    * Revenue was $545.00 thousand​. 
    * Cibus Inc's reported EPS for the quarter was a loss of
$1.12​.
    * The company reported a quarterly loss of $23.44 million.
    * Cibus Inc shares had fallen by 22.8% this quarter and
lost 11.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.2%
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." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Cibus Inc is
$25.00 
This summary was machine generated from LSEG data May 10 at
01:06 a.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
 Mar. 31 2024      -1.01          -1.12          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