Gevo (GEVO) to Release Quarterly Earnings on Thursday

Gevo (NASDAQ:GEVO) will be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Gevo (NASDAQ:GEVO) last released its quarterly earnings data on Thursday, March 7th. The energy company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03). The firm had revenue of $4.37 million during the quarter, compared to analysts’ expectations of $4.26 million. Gevo had a negative return on equity of 11.49% and a negative net margin of 384.97%. During the same quarter last year, the business earned ($0.11) earnings per share. On average, analysts expect Gevo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Gevo Price Performance

Gevo stock opened at $0.66 on Thursday. The stock’s 50-day moving average is $0.75 and its 200-day moving average is $0.97. The company has a market cap of $160.57 million, a price-to-earnings ratio of -2.37 and a beta of 2.86. Gevo has a 12 month low of $0.59 and a 12 month high of $1.86.

Wall Street Analyst Weigh In

Separately, UBS Group cut their price objective on Gevo from $1.36 to $0.85 and set a “neutral” rating on the stock in a report on Wednesday, April 10th.

About Gevo

Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.