Gevo (GEVO) Scheduled to Post Quarterly Earnings on Thursday

Gevo (NASDAQ:GEVO) will announce 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

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

Gevo Trading Up 10.0 %

NASDAQ:GEVO opened at $0.71 on Tuesday. Gevo has a 12 month low of $0.57 and a 12 month high of $1.86. The company has a market cap of $172.24 million, a PE ratio of -2.54 and a beta of 2.86. The company has a 50 day simple moving average of $0.73 and a two-hundred day simple moving average of $0.96.

Analyst Upgrades and Downgrades

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

Gevo Company Profile

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.