Cibus Q3 Earnings Miss Revenue Estimates, Shares Down 51.4% YTD

Cibus reported a Q3 loss of $0.44 per share, missing revenue estimates by 43.58%. The company's shares have lost 51.4% YTD, underperforming the S&P 500's gain of 16.5%. The Zacks Rank for Cibus is #3 (Hold), indicating that the shares are expected to perform in line with the market in the near future. The current consensus EPS estimate is -$0.41 on $1.34 million in revenues for the coming quarter and -$2.67 on $4.4 million in revenues for the current fiscal year.