Cibus (CBUS) Reports Q4 Loss, Tops Revenue Estimates [Yahoo! Finance]
Local Bounti Corporation (LOCL)
Company Research
Source: Yahoo! Finance
These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.57%. A quarter ago, it was expected that this genetically modified food company would post a loss of $1.18 per share when it actually produced a loss of $1.59, delivering a surprise of -34.75%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Cibus, Inc. , which belongs to the Zacks Agriculture - Operations industry, posted revenues of $1.1 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 308.52%. This compares to year-ago revenues of $0.04 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cibus, Inc. Shares have added about 4.5% since th
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LOCL
Earnings
- 3/27/24 - Miss
LOCL
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- LOCL's page on the SEC website