Gevo Inc expected to post a loss of 7 cents a share - Earnings Preview

Gevo

06/11/2024 04:40

* Gevo Inc  GEVO.OQ   GEVO.O  is expected to show a rise in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Englewood Colorado-based  company is expected to
report a
19.7% increase in revenue to $5.42 million from $4.53 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Gevo Inc is for a loss
of 7
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gevo Inc is
$3.25​, above​ its last closing price of $2.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.09       -0.07      -0.09     Missed  -16.9
 Mar. 31 2024  -0.08       -0.07      -0.08     Missed  -13.5
 Dec. 31 2023  -0.06       -0.05      -0.08     Missed  -52.4​
 Sep. 30 2023  -0.06       -0.05      -0.07     Missed  -27.3
 ​​Jan.        -0.04       -0.05      -0.06     Missed  -9.1
 1 0001                                                 
 Mar. 31 2023  -0.06       -0.05      -0.07     Missed  -31.2​
 Dec. 31 2022  -0.06       -0.06      -0.11     Missed  -94.1
 Sep. 30 2022  -0.06       -0.07      -0.19     Missed  -162.1
 This summary was machine generated November 6 at 04:40 GMT.  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)